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Pogwoll

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Pogwoll

Re: MrNormall post# 45830

Friday, 06/03/2022 11:23:37 AM

Friday, June 03, 2022 11:23:37 AM

Post# of 69023
This development smells like a step towards a listing on Nasdaq. I guess we'll know soon enough.

While there is no requirement that any security be held at DTC to trade, many brokerage firms and issuers want to take advantage of the efficiencies and costs benefits that DTC offers. Also, many stock exchanges require DTC-eligibility prior to listing of a security.


https://www.dtcc.com/settlement-and-asset-services/issuer-services/how-issuers-work-with-dtc

My posts here are simply my expressed opinions, and should not be construed or taken as advice to trade in any security mentioned. Trading and investing involves risk, and proper due diligence should always be exercised prior to doing so.

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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