Book-entry securities

Securities which are not represented by paper certificates but are maintained in computerized records at the Fed in the names of member banks, which in turn keep computer records of the securities they own as well as those they are holding for customers. In the case of other securities where a book-entry has developed, certificates reside in a central clearinghouse or are held by another agent. These securities do not move from holder to holder.

Book-Entry Security

A security where the certificate is not actually given to the holder. Instead, the holder is given a receipt and the information is held electronically. Book-entry securities have become more common as computers become more sophisticated and exchanges increasingly decide to close their trading floors. Book-entry securities are settled by the DTCC.

单词	book-entry securities
释义	Book-entry securities Book-entry securities Securities which are not represented by paper certificates but are maintained in computerized records at the Fed in the names of member banks, which in turn keep computer records of the securities they own as well as those they are holding for customers. In the case of other securities where a book-entry has developed, certificates reside in a central clearinghouse or are held by another agent. These securities do not move from holder to holder. Book-Entry Security A security where the certificate is not actually given to the holder. Instead, the holder is given a receipt and the information is held electronically. Book-entry securities have become more common as computers become more sophisticated and exchanges increasingly decide to close their trading floors. Book-entry securities are settled by the DTCC.
随便看	applied perception in graphics and visualization applied personal computing, inc. applied philosophy applied photochemistry applied physical electronics lc applied physics applied physics and applied mathematics applied physics and electronic & mechanical engineering department applied physics center applied physics express applied physics lab applied physics laboratory applied physics laboratory ice station applied physics laboratory/johns hopkins university applied physics laboratory/university of washington applied physics letters applied physics letters online applied physics services applied physiology applied physiology, nutrition, and metabolism applied planning international inc. applied plant research applied plant science applied plant sciences applied police training and certification