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BNY Mellon Unveils Composite DR Index

'Umbrella index’ for four existing DR indices, which have nearly $2 billion of assets.

BNY Mellon is introducing the BNY Mellon Composite Depositary Receipts (DR) Index, PR Newswire reports. The index consists of American depositary receipts, New York Shares and global depositary receipts that trade on the London Stock Exchange.

The index also comprises Global Registered Shares trading on the New York Stock Exchange, NYSE Amex, NASDAQ and over-the-counter. It is an ‘umbrella index’ for the asset management and securities servicing provider’s four existing DR indices, which have nearly $2 billion of assets.

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