ACCESS THE CORPORATE ACTION TOOL
IBKR offers clients that are holders of the underlying ordinary shares the ability to request to convert these shares into an ADR electronically through our Client Portal. Similarly, holders of an ADR may request to convert to the underlying ordinary shares.
To request a conversion:
- Log into Client Portal.
- Click the Portfolio tab.
- Select Corporate Action on the upper right corner.
- Select the Conversions tab from the table of corporate action types.
- From the table, locate the security you wish to act upon and select Allocate from the far right of the table.
- Once selected, a new screen will launch which will provide information on the terms of the conversion offer. Once you have reviewed the terms, you may submit an election.
Please Note
- Fees will be assessed for an ADR conversion request. While the overview description will provide an estimate of the fees, the final amount the account will be charged is dependent on the processing fee assessed by the agent at the time of the action and therefore the estimate is subject to change.
- You can find a list of the ADRs eligible for conversion on our website. In the event you are interested in converting an ADR not found on the list, you may submit a ticket to Client Services through the Client Portal.
- IBKR will generally be unable to convert ADRs to common shares if we do not offer the exchange on which the common shares are listed.
Additional Information
- Find more information on the ADR conversion process on our webpage.