A depository is an organization that holds investors’ securities in electronic form and also provides services related to various transactions in such securities. A depository interfaces with its investors through the respective depository participants. Depository participants are usually banks and brokerage houses who have a direct link with the depository. The depository in Zimbabwe is Chengetedzai Depository Company (CDC).
Depository
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What is the difference between a depository and a custodian