Depository Trust Company

简明释义

美国存管信托公司

英英释义

例句

1.Investors often rely on the Depository Trust Company for safe custody of their assets.

投资者通常依赖存托信托公司安全保管他们的资产。

2.To facilitate electronic trading, the Depository Trust Company provides various services.

为了促进电子交易，存托信托公司提供各种服务。

3.The Depository Trust Company plays a crucial role in the settlement of trades.

存托信托公司在交易结算中发挥着至关重要的作用。

4.The Depository Trust Company ensures that all transactions are recorded accurately.

存托信托公司确保所有交易都被准确记录。

5.The securities were transferred through the Depository Trust Company to ensure a smooth transaction.

这些证券通过存托信托公司转移，以确保交易的顺利进行。

作文

The financial world is filled with complex institutions and processes that ensure the smooth operation of markets. One such crucial entity is the Depository Trust Company, often referred to as DTC. Understanding the role of the Depository Trust Company is essential for anyone interested in finance or investing. The Depository Trust Company serves as a central securities depository, which means it holds securities such as stocks and bonds in electronic form. This function significantly enhances the efficiency of the securities market by facilitating the transfer of ownership without the physical exchange of certificates. Founded in 1973, the Depository Trust Company has played a vital role in the evolution of the U.S. financial system. Before its establishment, the process of transferring securities was cumbersome and fraught with risks, including the potential for loss or theft of physical certificates. The creation of the Depository Trust Company revolutionized this process by introducing an electronic system that allows for faster and safer transactions.One of the primary functions of the Depository Trust Company is to act as an intermediary between buyers and sellers of securities. When a trade occurs, the Depository Trust Company ensures that the buyer's account is credited with the securities while the seller's account is debited accordingly. This process, known as 'book-entry' transfer, eliminates the need for physical delivery and reduces the risk of errors or fraud.In addition to facilitating trades, the Depository Trust Company also provides other critical services, such as settlement and clearing. Settlement refers to the process of transferring cash and securities between parties after a trade has been executed. Clearing involves confirming that the trade details are accurate and that both parties have the necessary funds or securities to complete the transaction. The Depository Trust Company plays a central role in both of these processes, ensuring that they occur smoothly and efficiently.Moreover, the Depository Trust Company contributes to the overall stability of the financial system. By centralizing the custody of securities, it reduces the number of intermediaries involved in transactions, thus lowering the likelihood of systemic risks. Furthermore, the Depository Trust Company is subject to strict regulatory oversight, which helps maintain investor confidence and market integrity.For investors, understanding the Depository Trust Company is crucial. While individual investors may not interact directly with the DTC, their trades are ultimately processed through this institution. Knowing how the Depository Trust Company operates can provide insights into the efficiency and security of their investments. Additionally, it highlights the importance of institutional infrastructure in supporting a robust financial market.In conclusion, the Depository Trust Company is a cornerstone of the modern financial system. Its ability to facilitate secure, efficient, and reliable transactions has transformed the way securities are traded. For anyone looking to navigate the complexities of investing, a solid understanding of the Depository Trust Company and its functions is invaluable. As financial markets continue to evolve, the role of the Depository Trust Company will remain integral to ensuring that investors can confidently participate in the economy.

金融世界充满了复杂的机构和流程，确保市场的顺利运作。一个如此重要的实体就是存托信托公司(Depository Trust Company)，通常被称为DTC。理解存托信托公司的作用对于任何对金融或投资感兴趣的人来说都是至关重要的。存托信托公司作为一个中央证券存托机构，这意味着它以电子形式持有股票和债券等证券。这一功能显著提高了证券市场的效率，通过促进所有权的转移而无需物理交换证书。存托信托公司成立于1973年，在美国金融系统的发展中发挥了至关重要的作用。在其成立之前，证券转移的过程繁琐且风险重重，包括物理证书丢失或被盗的潜在风险。存托信托公司的创建通过引入一种电子系统彻底改变了这一过程，使得交易更加快捷和安全。存托信托公司的主要功能之一是作为买卖证券之间的中介。当交易发生时，存托信托公司确保买方账户被记入证券，而卖方账户相应被扣除。这一过程被称为“账面转移”，消除了物理交付的需要，并降低了错误或欺诈的风险。除了促进交易外，存托信托公司还提供其他关键服务，如结算和清算。结算是指在交易执行后，现金和证券在各方之间转移的过程。清算涉及确认交易细节的准确性，以及双方是否拥有完成交易所需的资金或证券。存托信托公司在这两个过程中发挥着核心作用，确保其顺利高效地进行。此外，存托信托公司有助于整体金融系统的稳定。通过集中证券的保管，它减少了交易中涉及的中介数量，从而降低了系统性风险的可能性。此外，存托信托公司受到严格的监管监督，这有助于维护投资者信心和市场诚信。对于投资者来说，了解存托信托公司至关重要。虽然个人投资者可能不会直接与DTC互动，但他们的交易最终会通过该机构处理。了解存托信托公司的运作可以为他们的投资效率和安全性提供见解。此外，它突显了机构基础设施在支持强大金融市场中的重要性。总之，存托信托公司是现代金融系统的基石。其促进安全、高效和可靠交易的能力彻底改变了证券交易的方式。对于任何希望驾驭投资复杂性的人来说，深入理解存托信托公司及其功能是无价的。随着金融市场的不断发展，存托信托公司的角色将继续在确保投资者能够自信参与经济中发挥重要作用。