|
|
Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
National Depository System A depository is a central holding place, or repository, of financial securities. If transfers shares and bonds electronically, through a computer entry, and eliminates the need of investors to hold securities physically. Investors access the system through DPs, or Depository Participants – banks, brokers, mutual funds, etc. Trading ultimately becomes scripless, as record of ownership, not physical possession, becomes the feature of trading. Transfer of ownership will be done through book entries on electronic ledgers. Transfer form sand transfer stamps will disappear.
|
Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
| Sponsored Links
|
 |
|
|
