X-Nico

7 unusual facts about DTC


Geneva Securities Convention

In this centralised system, the title transfer of the securities does not take place at the time of the registration on the account of the investor, but within the systems managed by the DTC and/or by the Federal reserve.

Since 1994, Article 8 of the UCC considers that the majority of the dematerialised securities that are registered on an account with intermediaries are only reflections of their respective initial issue registered by the two American central securities depositories, respectively the Depository Trust Company (DTC) for the securities issued by corporates and the Federal reserve for the securities issued by the Treasury Department.

Investment Securities

Since 1994, Article 8 of the UCC considers that the majority of the dematerialized securities that are registered on an account with intermediaries are only reflections of their respective initial issue registered by the two American central securities depositories, respectively the Depository Trust Company (DTC) for the securities issued by corporates and the Federal reserve for the securities issued by the Treasury Department .

In this centralized system, the title transfer of the securities does not take place at the time of the registration on the account of the investor, but within the systems managed by the DTC and/or by the Federal reserve.

NDTC

NDTC (the Namibia Diamond Trading Company) is a 50/50 joint venture between the Republic of Namibia and the DTC; the mining and sorting arm of De Beers.

Uniform Commercial Code

That update of the UCC treats the majority of the transfers of dematerialized securities as mere reflections of their respective initial issue registered by the two American central securities depositories, respectively the Depository Trust Company (DTC) for the securities issued by corporations and the Federal reserve for the securities issued by the Treasury Department.

In this centralised system, the title transfer of the securities does not take place at the time of the registration on the account of the investor, but within the systems managed by the DTC or by the Federal reserve.


Similar

DTC |

Badarpur, Delhi

Delhi Transport Corporation (DTC) and private buses ply to Badarpur Border from Old Delhi Railway Station and New Delhi Railway Station.

British Rail Class 421

Since then 76818 has been undergoing major works at Eastleigh, while the other DTC and TSO were to feature in the film 'Lost Passenger' before returning to Dartmoor Railway

Direct traffic control

Queensland Rail in Australia uses the DTC system in some of the lower traffic areas in the western area of the state.

Dividend tax

An increase to the DTC was announced in the fall of 2005 by Liberal finance minister Ralph Goodale just prior to the fall of the Liberal minority government, in conjunction with the announcement that Canadian income trusts would not become subject to dividend taxation as had been feared.

Rice Army Airfield

Under the IV Air Support Command in 1942 and early 1943; the 71st Reconnaissance Group and the 85th Bombardment Group flew reconnaissance and dive bomber training missions with the Army ground forces in the DTC.

Sonia Vihar

Delhi Transport Corporation provide bus services to Sonia Vihar from Mori Gate 258, New Delhi 258A and from NOIDA 33A(which is a rarity) are the DTC bus routes to Sonia Vihar.


see also