Exchange Currency

direct holding system

A traditional system of holding and transferring securities in which the owner interacted directly with the issuer. Direct holding systems, which involved the physical exchange of paper certificates, have been largely replaced by indirect holding systems, which use electronic recordkeeping and transfer.

Related information about direct holding system:
  1. Direct holding system - Wikipedia, the free encyclopedia
    The direct holding system is a traditional system of securities clearance, settlement and ownership in which owners of securities had a direct relationship with the ...
     
  2. Indirect holding system - Wikipedia, the free encyclopedia
    It is an evolution from the "direct holding system" in which owners of securities had a direct relationship with the issuer. The system is made up of various tiers, ...
     
  3. What is direct holding system? definition and meaning
    Definition of direct holding system: A traditional system of holding and transferring securities in which the owner interacted directly with the issuer. Direct holding ...
     
  4. international central securities depository (ICSD) - ECB: All glossary ...
    ... of securities (or the transfer of similar interests therein) in which investors are identified only at the level of their custodian. Antonym: direct holding system ...
     
  5. Business Law Today: Transfer Restrictions in the Indirect Holding ...
    Apr 27, 2012 ... Additionally, analysis by approximation to the direct holding system ... The direct holding system (Direct Holding System) is a system in which ...
     
  6. News - Treasury Direct
    Oct 19, 2012 ... Legacy Treasury Direct, a direct holding system where the investor has a direct relationship with the United States Treasury. Marketable ...
     
  7. Omnibus Accounts
    account providers were required to move to a direct-holding system (such as that in Finland or Greece), a vast number of new accounts would have to be ...
     
  8. Ontario's Securities Transfer Act, 2006: New Rules for ... - Torys LLP
    exists between an issuer and an investor. For example, the direct holding system applies to the relationship between a private company and its shareholders.