Depository Trust Company
ISIN.net can assist with the Depository Trust Company Eligibility process for your Securities
If you are seeking to upload or list your bonds or securities and make them DTC Eligible and need assistance with DTC Eligibility, ISIN.net may be able to assist.
DTCC’s subsidiary, The Depository Trust Company, or DTC, was created to reduce costs and provide clearing and settlement efficiencies by immobilizing securities and making “book-entry” changes to ownership of the securities. DTC provides securities movements for NSCC’s net settlements, and settlement for institutional trades (which typically involve money and securities transfers between custodian banks and broker/dealers), as well as money market instruments.
In 2009, DTC settled transactions worth more than $299 trillion, and processed 299.5 million book-entry deliveries. In addition to settlement services, DTC brings efficiency to the securities industry by retaining custody of more than 3.5 million securities issues worth almost $34 trillion, including securities issued in the US and more than 120 foreign countries and territories.
DTC assist with ISIN number codes, and CUSIP numbers. Both are typically needed in order to be listed with DTC.
- ISIN definition is the International Securities Identification Number
- CUSIP definition is the Committee on Uniform Security Identification Procedures
- 144A definition is under Rule 144A, for a 144A Offering, ISIN.net can help
DTC Services include:
- Custody & Safekeeping Services
- Underwriting Services
- Deposit & Withdrawal Services
- Dividend, Reorganization and Proxy Services
- Restricted Securities Family of Services
- Direct Registration Service
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.
ISIN.net specializes in DTC, ISIN, CUSIP and Regulation S and 144A Offerings and is not a DTC partner or affiliate, but an independent consultant.