JP Morgan and Bank of New York Mellon provided up to the minute performance of American Depositary Receipts in the U.S. marketplace. The site highlights the high-performing equities of the day.
A. Prepare a briefing for senior management in your firm encouraging them to consider internationally diversifying the firm's liquid asset portfolio with ADRs.
B. Identify whether the ADR program level ( I, II, III, 144A) has any significance to which securities you believe the firm should consider.