Depository Trust Company

Depository Trust Company (DTC) is a New York corporation known as a trust company which performs the functions of a Central Securities Depositary as part of the US National Market System.

DTC was formed under the special incorporation laws of New York for trust companies. DTC manages book-entry securities entitlement transfers for brokerage houses and maintains custody of global (jumbo) stock certificates and other stock certificates through its affiliated partnership nominee, Cede and Company. DTC maintains Omnibus Customer Securities Accounts for the account of the DTC Participant.