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 ?
We are very enthusiastic to partner with SME, a highly-respected and leading organization on additive manufacturing and 3D printing," said Diana Schnabel, CEO/President of DEMAT.
Ltd, with Rs1,300 crore in assets, said the demat process will help exchange platforms.
However, the problems arise not so much due to the demat process per se, which is quite simple.
Eberhard Doring, director of DEMAT, said, "We are pleased to have the opportunity to bring the EuroMold experience to the North American market, as we recognize the global footprint of an increasing number of companies.
At present, the demat account is for equities and certain kinds of mutual funds and exchange-traded funds.
Mandatory demat requirement: One of the key requirements for availing of tax benefits under the scheme is that the investment has to be in demat form.
The firm said that it would offer demat insurance for about nine million customers.
This means the investor has to go to another intermediary (DP) for opening a demat account and go through the long procedure to comply with the know-your-customer, or KYC, norms.
With regard to Roy and three other directors, Vandana Bhargava, Ravi Shanker Dubey and Ashok Roy Choudhary, Sebi ordered freezing of all bank and demat accounts of these four persons.
Irda may first mandate that all plans sold electronically be held in demat form.
The accounts will carry bundled demat and share trading accounts.
Holding mutual fund units in demat form involves costs and offers little benefit