Our Business Activities - ADR/GDR Facilitation

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	ADR/GDR Facilitation

The business:

A global team of highly experienced Depository Receipt specialists focusing on broking, trading and arbitrage strategies.

Innovative solutions:

Provides global platform to achieve "best execution" through access to different regional pools of liquidity.
Leading DR conversion desk to facilitate this access.
Focus is the Asia Pacific Region and South Africa.


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	Other than Macquarie Bank Limited ABN 46 008 583 542 (MBL), any Macquarie Group entity noted on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). That entity's obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.