A system in which the ownership of securities is managed by an intermediary, not by the company that issued the securities. The intermediary is typically a financial institution or brokerage. Also called multi-tiered holding system.
Related information about indirect holding system:
- Indirect holding system - Wikipedia, the free encyclopedia
The indirect holding system (also multi-tiered holding system) is a system of securities clearance, settlement and ownership system most widely used in the ...
- Intermediary Risk in the Indirect Holding System for Securities
Jun 4, 2002 ... In an indirect holding system, an issuer of securities generally re- .... The indirect holding system is “widely used in global trading” of securities ...
- What is indirect holding system? definition and meaning
Definition of indirect holding system: A system in which the ownership of securities is managed by an intermediary, not by the company that issued the securities.
- Figure A - Rgm.com
The Rise and Effects of the Indirect Holding System: .... This paper explains why the indirect holding system was created, the effects it has on those outside of the ...
- The Rise and Effects of the Indirect Holding System - How Corporate ...
Sep 27, 2007 ... This paper explains how the choice of the indirect holding system for securities settlement forced U.S. issuers to cede their shareholder data to ...
- Transfer Restrictions in the Indirect Holding System: Is Alienability in ...
Bylined article by Charlotte Finance partner Perry Hicks discusses transfer restrictions on assets held in the indirect holding system. Download Document . pdf ...
- Transfer Restrictions in the Indirect Holding System ... - Mayer Brown
of the modern indirect holding system. Hedge Funds: Illustrative. Transactions. One subset of transactions involving transfer restricted assets that exempli- ...
- The Rise and Effects of the Indirect Holding System
Regulatory Failures in the Design of Securities Settlement Infrastructure. David C. Donald[*]. Abstract. Nearly all transactions in listed securities on the US capital ...