operated direct link

What is operated direct link?

operated direct link definition and meaning on Finance terms:
A direct link between two central securities depositories (CSDs) where a third party, typically a custodian bank, operates the account in the issuer CSD on behalf of the investor CSD. See also
direct link<

 

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

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