Depository transfer check. Check made out directly by a local bank to a particular firm or person.
Depository Trust Company. DTC is a user-owned securities depository which accepts deposits of eligible securities for custody, executes book-entry deliveries and records book-entry pledges of securities in its custody, and provides for withdrawals of securities from its custody.
Depository Trust Corp. The clearing and settlement organization for all U.S. equities. Web address: http://www.dtc.org
Depository Trust Company. A custodial clearing facility owned by the major banks and securities firms and monitored by various banking regulatory agencies and the Securities and Exchange Commission.
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DEPOSITORY TRUST COMPANY. depository. See: DEPOSITORY; DEPOSITORY TRUST AND CLEARING CORPORATION.
Depository Trust Corporation. A central securities repository where stock and bond certificates are exchanged.
Depository Trust Company. A national depository in the United States for book-entry securities that records, maintains, and transfers securities for participants. DTC participants include securities brokers and dealers, banks, trust companies and clearing corporations. Indirect access to the DTC system is also available to banks, brokers, dealers and trust companies that clear through, or maintain a custodial relationship with a DTC participant. The DTC system reduces the physical movement of certificates by permitting computerized transfers of book-entry securities.
Is the Depository Trust Company.
Depository Trust Company. An organization that facilitates the transfer of ownership of stocks, bonds and other financial instruments. Securities are held by banks, brokerage firms and other major holders via DTC accounts. Individuals wishing to transfer their securities held by brokers or other agents may use DTC to expedite and secure the transfer of shares, including those involving gifts to charity.
depository transfer check. a preprinted, unsigned, restricted-payee instrument used by a company to transfer funds from one of its outlying depository locations to its concentration account
Depositary Trust Company. The DTC is essentially a clearinghouse between institutional buyers and sellers of securities and brokers. It allows institutional investors to seamlessly buy and sell stock using multiple brokers, thus allowing them to unload IPO shares without the underwriter knowing.
Depository Trust Company. The central U.S. depository for many lendable securities, including common and preferred stocks and corporate bonds.
Depository Trust Company. (USA) DTC is the world's largest securities deposi... Add a comment
The Depository Trust Company (DTC) is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission. The depository provides custody and maintenance services for physical and electronic securities. E-SOAP E-SOAP (Employee Stock Option Administration Platform) is Solium's original application, which now forms part of Solium's proprietary web-based application.
Depository Trust Company; A central securities certificate depository through which members effect security deliveries among one another via computerized bookkeeping entries.
Depository Trust Company. A central securities certificate depository through which members effect security deliveries between each other via computerized bookkeeping entries thereby reducing the physical movement of stock certificates.
Depository Trust Company. A corporation, owned by banks and brokerage firms, that holds securities, arranges for their receipt and delivery, and arranges for the payments in settlement.
Depository Trust Company. DTCs serve as clearinghouses between brokers and institutional buyers and sellers, enabling institutional investors to buy and sell stock through multiple brokers
Depository Trust Company. The DTC is a central repository where stocks and bonds are held and transferred. The DTC is owned by brokerage houses on Wall Street and the New York Stock Exchange.
depository trust company. A corporation, owned by banks and brokerage firms that holds and delivers securities and settles their transactions.
DEPOSITORY TRUST COMPANY. An independent subsidiary of the New York Stock Exchange responsible for: (1) holding on deposit securities owned by broker/dealers and banking institutions; (2) arranging the receipt and delivery of securities between users by means of debiting and crediting their respective accounts; (3) arranging for payment of monies between users in the settlement of transactions.
Depository Trust Corporation. A corporation that will hold securities for member institutions. Generally used by option writers, the DTC facilitates and guarantees delivery of underlying securities if assignment is made against securities held in DTC.
Depository Trust Company. A securities depository where physical stock and bond certificates are delivered and electronically transferred between members. The DTC is a member of the Federal Reserve System and is owned by most of the brokerage houses on Wall Street and the New York Stock Exchange. Securities eligible for DTC include most corporate bonds, collateralized mortgage obligations (CMOs), equities, unit investment trusts, commercial paper, certificates of deposit and municipal bonds.
Depository Trust Company. A corporation that facilitates transfers of securities and holds securities for member institutions.
Depository Trust Company. A central securities certificate repository that is a member of the Federal Reserve System and is industry-owned. The New York Stock Exchange is the majority owner. DTC members deliver securities to each other via computerized debit and credit entries. This reduces the need to actually move paper certificates.