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Infosys ADS Starts Trading On NYSE

Infosys Ltd., provider of business consulting, technology, engineering, and outsourcing services, has said that its American Depository Shares (NYSE:ADS) have started trading on New York Stock Exchange (NYSE).

Infosys, in a statement, said, "Infosys' ADS have started trading on the New York Stock Exchange (NYSE) under the ticker symbol 'INFY'."

Earlier, in a move targeted to attract European investors, Infosys had transferred its Nasdaq listed ADS to NYSE.

An ADS is a US dollar-denominated equity share of a foreign-based company available for purchase on an American stock exchange.

According to the reports, Infosys is looking to list its ADS on the Paris and London exchanges of NYSE Euronext.