DTC Eligibility
VStock Transfer provides DTC eligibility services as an authorized participant in the DWAC/FAST (Fast Automated Securities Transfer) and DRS (Direct Registration System) programs. This service is designed for public companies, issuers preparing for exchange listings, and shareholders who require secure, electronic ownership and transfer of securities. DTC eligibility allows a company’s securities to be deposited, cleared, settled, and transferred electronically through The Depository Trust Company, integrating them into the national clearing and settlement system. It is essential for listings on the NYSE, Nasdaq, and NYSE American, as well as for public offerings, secondary market trading, and electronic brokerage deposits. As a DTC-authorized transfer agent, VStock delivers compliant, reliable, and efficient processing that meets the requirements of brokers, clearing firms, and major exchanges.
What is DTC Eligibility?
DTC eligibility enables securities to be issued, held, and transferred electronically through DTC systems, including DWAC/FAST and DRS, eliminating the need for physical stock certificates.
When is DTC Eligibility required?
This service is required when an issuer’s securities must be listed on a national exchange, deposited into brokerage accounts, or traded in the secondary market. Without DTC eligibility, shares cannot be cleared or transferred electronically.
Why Choose VStock for DTC Eligibility
VStock facilitates electronic deposits and transfers through DTC, reducing processing times from weeks to hours while eliminating certificate-related risks and unnecessary costs for issuers and shareholders.