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Anonymous

20 Jan 2021

General Investing

How does the ADR fee work for Tiger Brokers?

Does anyone know how ADR fee works? Especially in tiger brokers?

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Musyaffaq

20 Jan 2021

Business Studies Graduate at Ngee Ann Poly

Seems to be for Chinese companies listed in the US markets. I don’t hold any of those so never kena before.

https://www.tigerbrokers.com.sg/commissions?_ca...

  1. ADR fee: A fee charged by the Depository Trust Company (DTC) for China concepts stocks (stocks of Chinese companies listed in the U.S.). Accounts that have traded China concepts stocks in each period will be charged as specified, regardless of whether they have a current position or not. Please refer to Tiger's push notifications for the information of period ranges. Accounts that have not held any China concepts stocks will not be charged the ADR fee.

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