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did you know that you can buy shares of british companies on the u.s stock exchanges well if youre wondering how would that work then make sure that you watch this video till the end hello guys this is shweta and welcome to the world of wall street mojo [Music] what are american depository receipts so say you are living in the states and want to own stock of company listed on the london stock exchange now it may not be possible for you to directly buy the stocks of the british company on the london stock exchange but you can do that through american depository receipts the edrs are stocks of foreign companies traded on the american stock exchanges so in u.s dollars you can buy adrs of british companies during normal trading hours of the american stock exchanges through any broker jp morgan was the first to create an adr in 1927 through which they enabled americans to invest in british company selfridges currently the u.s stock exchanges have thousands of adrs traded representing vari