Trading volume in American depositary receipts soared in the first three quarters of the year compared to the same period last year, according to Citibank.

However, the number of new issues declined from the previous year because of stagnant economies around the world, the bank reported.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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