NEW YORK - Trading in American depositary receipts jumped to a record 5.1 billion shares in the first half, representing a 40% increase over the first half of 1994, according to a Citicorp report.

American depositary receipts are U.S. securities that represent shares of stock in a non-U.S. company.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.