Are you certifiable in the electronic age?
Article Abstract:
Some UK brokers argue that it is inefficient to retain share certificates and electronic dealing presents less of a risk. Electronic share dealing cuts costs for brokers and they can retain clients more easily if nominee accounts are used. Many clients are wary of nominee accounts since they are concerned about the possibility of losing rights as shareholders. There is a move to strengthen the rights of investors holding shares through nominee accounts.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Cresting a mountain of change
Article Abstract:
The UK share settlement system is being changed and a new system called Crest is replacing the old system called Talisman. The first settlement date for Crest is scheduled for Aug 19 1996. Companies are to transfer to the new system in stages with completion scheduled for April 1997. There will be three routes that can be used to settle bargains including sponsored membership, and private investors may benefit from increased diversity.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Investors urged to go electronic
Article Abstract:
Plans for electronic stockholding in Britain are examined in detail. The benefits of such a scheme could include a reduction in dealing costs.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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