Cross listing of shares is when a firm lists its equity shares on one or more foreign stock exchange in addition to its domestic exchange. This concept is distinctly different from examples such as: American Depositary Receipt (ADR), European Depositary Receipt (EDR), global depository receipt (GDR) (also referred to as international depository receipt), and Global Registered Shares (GRS). Cross listing of shares is when a firm lists its equity shares on one or more foreign stock exchange in addition to its domestic exchange. This concept is distinctly different from examples such as: American Depositary Receipt (ADR), European Depositary Receipt (EDR), global depository receipt (GDR) (also referred to as international depository receipt), and Global Registered Shares (GRS).