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What is AMERICAN DEPOSITORY SHARE (ADS)? COMMON STOCK issued by a foreign company in the US marketplace. ADSs, denominated in US dollars, are registered with the SECURITIES AND EXCHANGE COMMISSION and are traded on an EXCHANGE or OVERTHECOUNTER. See also AMERICAN DEPOSITORY RECEIPT, GLOBALDEPOSITORY RECEIPT, GLOBAL DEPOSITORY SHARE.
DTC (2) Depository Trust & Clearing Corporation. A clearing house that is the largest security depository and post-trade financial services company in the world. Based in New York, the DTCC settles the large majority of securities transactions in the United States, totaling $1.86 quadrillion in value in 2007.