What is DTC Eligibility?

DTC Eligibility refers to the status granted by the Depository Trust Company (DTC) to a security, enabling it to be electronically cleared, settled, and traded within the DTC system. It allows the security to be held in book-entry form, eliminating the need for physical stock certificates. DTC Eligibility is crucial for facilitating efficient and seamless securities trading. For more information visit at https://www.colonialstock.com/dtceligibility.htm.