What is the difference between an adr and a gdr what


1. What are the differences between public and private bourses?

2. What is the difference between a price-driven trading system and an order-driven trading system? Which system lends itself most easily to automation?

3. What is a dark pool?

4. Do we have a global stock market as we have a global foreign exchange market?

5. What is turnover?

6. What are the three primary components of transaction costs in trading stocks?

7. Does high turnover always signal lower transaction costs?

8. What is the difference between an ADR and a GDR?

9. What motivates companies to cross-list their shares?

10. What is the difference between a GDR and a GRS?

11. Has cross-listing been beneficial for most listed companies? If yes, why doesn't every company cross-list?

12. What is a strategic alliance?

13. What is a joint venture?

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