What Is a Central Securities Depository?
Central depository refers to the central registration and settlement agency using an electronic bookkeeping system to manage all securities entering the system, including unified management of investor securities accounts, the implementation of a securities custody system, and the distribution of rights and interests related to securities deposited by investors, etc. To eliminate physical securities flows due to various reasons.
Central depository
Right!
- Chinese name
- Central depository
- Meaning
- Means
- Central depository means
- Share management of listed securities, securities custody and sub-custody, equity distribution, rights issue subscription,