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Custody-Only Trading |
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Custody-Only Trading A system in which shares of a stock may only be traded if the holder's name appears on the stock certificate. That is, the shares may be traded only if the certificate physically changes hands. Not all companies use a custody-only trading system; those that do adopt the system use it to protect the share price against naked short sellers. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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