Nordic companies seeking a quotation of their Nordic shares on
OTCQX or OTCQB markets by OTC Markets will come across the term
"F shares". Here is what this means.
Many international companies' shares trade on the
over-the-counter market in the United States. These companies are
listed on a foreign exchange in a local currency such as Danish
kroner or euro and are cross-traded in the United States in US
dollars.
What is an F share?
While some US investors can trade directly in a foreign
company's local market, many US investors prefer to see quotes
in US dollars during their regular trading hours. To facilitate
trading and reporting, US broker-dealers create trading symbols of
foreign securities in the US. These trading symbols are commonly
called tickers. The tickers are five letter long acronyms and end
with the letter "F". For that reason, they are
traditionally called "F shares". For e.g. adidas AG, the
ticker symbol is ADDDF and for Ocean Yield ASA it is
