Mastercard Company Description
Mastercard Incorporated Class A Common Shares Canadian Depositary Receipt (CAD Hedged) represents an accessible form of ownership in Mastercard Incorporated, a leading global technology company in the payments industry.
These Canadian Depositary Receipts (CDRs) are denominated and hedged in Canadian dollars to mitigate currency risk for Canadian investors.
Mastercard connects consumers, financial institutions, merchants, governments, and businesses through electronic payment solutions encompassing credit, debit, prepaid, and commercial payment programs.
This CAD-hedged CDR facilitates Canadian and other investors to participate in Mastercard’s growth and the broader digital payments sector, while the hedging mechanism helps protect against fluctuations in the USD/CAD exchange rate.
Listed and traded on the NEO Exchange’s NEO-L trading platform, which provides a fair and transparent marketplace prioritizing long-term investor order execution, these shares reflect Mastercard’s influence in global financial technology and its role as a critical infrastructure provider in electronic payment systems and commerce.
| Country | Canada |
Contact Details
No contact details available.
Stock Details
| Ticker Symbol | ZMAS |
| Exchange | Cboe Canada |
| Reporting Currency | CAD |