Meta Platforms Company Description
Meta Platforms Inc. BMO Canadian Depositary Receipt is a Canadian Depositary Receipt (CDR) that represents economic interests in shares of Meta Platforms Inc., the global technology company known for operating platforms such as Facebook, Instagram, and WhatsApp.
This CDR is issued by BMO Financial Group and is specifically structured to allow Canadian investors to gain exposure to one of the world’s leading social media and technology firms, all while trading in Canadian dollars.
The instrument is designed to be accessible, with integrated fractional ownership options, thus enabling investment in high-priced foreign equities at lower entry points.
Notably, the Meta Platforms Inc. BMO Canadian Depositary Receipt incorporates a built-in currency hedge, which helps minimize the impact of exchange rate fluctuations for Canadian investors holding foreign assets.
As part of a broader suite of CDRs, it supports diversification and portfolio expansion beyond domestic markets while remaining within the Canadian regulatory framework.
This CDR is traded on NEO-L, a marketplace distinguished by its investor-first trading priority, transparency, and liquidity, thereby enhancing execution quality for both retail and institutional market participants.
| Country | Canada |
Contact Details
No contact details available.
Stock Details
| Ticker Symbol | ZMET |
| Exchange | Cboe Canada |
| Reporting Currency | CAD |