Depository Trust Company (DTC)
Candlefocus EditorThe DTC plays a vital role in the American securities industry. By pooling together the securities of multiple issuing companies, the DTC enables investors to purchase and transact with multiple securities without having to worry about transfer between multiple account types. This allows for significant cost savings, as well as delivering improved accuracy and faster clearing times for investments. The DTC also offers additional services, such as direct registration, underwriting, reorganization, and proxy and dividend services.
In 2021, the DTC continues to be an innovation leader in the securities industry. It is a key contributor to FINRA's regulation system and serves as the community connection between corporations, underwriters, broker-dealers, investment advisors, and investors. The DTC's many capabilities enable streamlined, cost-effective securities cleared and settled for investors. It is a trusted partner of investing professionals and a support system for the security industry.