direct holding system

What is direct holding system?

direct holding system definition and meaning on Finance terms:
An arrangement for registering ownership of securities (or similar interests) whereby each and every final investor in the security is registered with a single entity (e. g. the issuer itself, a central securities depository (CSD) or a registry). In some countries, the use of direct holding systems is required by law. Antonym:
indirect holding system<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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