Dematerialization

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Dematerialization

The process by which stocks and other securities cease to be represented by a physical certificate and become electronically recorded. Dematerialization has gradually become more common as computers have become more sophisticated and exchanges increasingly decide to close their trading floors.
References in periodicals archive ?
Robert Stevens, Dematco Chairman and CEO, states, "In a market traditionally confined to paper products only, we expect to generate significant fees by dematerializing Senior Life Settlement Policies.
Dematco is initially dematerializing insurance products but expects to market to the issuers of all forms of financial instruments including private equities, public equity, convertible and straight bonds, and asset-backed instruments at international banks, trust companies, brokers and exchanges.
Dematco is engaged in the business of dematerializing or converting financial instruments from paper form to electronic form.
Printed in gold, the angelic salutation is repeated apparently infinitely, as a chant, poem, incantation and prayer, dematerializing the massive, inert volume of the cube.
OTCBB:DMAT) announces that its wholly owned subsidiary Dematco Limited expects the dematerializing of Senior Life Settlement Policy Trusts and their derivatives to have wider market access than previously reported.