A bank or company which holds funds or securities deposited by others, and where exchanges of these securities take place.
Clearinghouses that store physical securities under a specific agreement. Accounts at the depository are credited and debited as securities are purchased and sold but the physical securities are never moved. Can also refer to a correspondent bank holding deposits for another bank for clearing services and/or required reserves.
registered clearing agency that provides immobilization, safekeeping and book-entry clearance and settlement services to its participants. Compare: CLEARING CORPORATION. See: REGISTERED CLEARING AGENCY.
A place where records are kept and made available for use. Also called repository. See also ARCHIVES (3), RECORDS CENTER.
A central location for the safekeeping of securities.
Facility for holding securities in either a certified or an uncertified (dematerialized) form. Allows securities transfers through book-entry. Depositories may also offer funds accounts and permit funds transfers as a means of payment. Depositories may be privately or publicly operated. The Depository Trust Company (DTC) is the largest American securities depository and holds the majority of the equity, corporate bond, and money market instruments issued in the United States.
a facility where things can be deposited for storage or safekeeping
a facility for holding securities, which enables securities transactions to be processed by book entry
a place where something is deposited for safekeeping
The element in the heading of each Survey Report used by the agents to identify the foreign repository in which manuscripts were examined for that report.
The Depository is responsible for the safekeeping of securities and independent monitoring of the ICVC's compliance with FSA regulations.
a bank which holds funds or securities deposited to others
A system of organisation, which keeps records of securities, deposited by its depositors. The records may be physical or simply electronic records.
A central location for keeping securities on deposit.
Bank acting as custodian of the securities held by the sub funds of an OEIC.
An institution which accepts securities for deposit. Deliveries and transfers between security owners are conducted by accounting entries which reflect ownership as opposed to physically moving securities.
A central securities repository where physical securities are kept in a vault and owners are tracked via book entry system without the delivery of those securities when transactions occur.
It is an entity (mainly the National Securities Depository Limited), which maintains an electronic record of all dematerialized (demat) shares and all subsequent transactions and transfers therein.