Stock transfer agent

Stock Transfer Agent

Stock transfer agent

to get instant updates about 'Stock Transfer Agent' on your MyPage. Meet other similar minded people. Its Free!

X 

All Updates


Description:
A stock transfer agent or share registry is a company, usually a third party unrelated to stock transactions, which cancels the name and certificate of the shareholder who sold the share of stock, and substitutes the new owner's name on the official master shareholder listing. Stock transfer agent is the term used in the United States and Canada. Share registry is used in the United Kingdom, Australia and New Zealand. Transfer secretary is used in South Africa.

A public company usually only designates one company to transfer its stock. Independent stock transfer agents are independent of large banks, but are fully capable of servicing even the largest companies, often at far less cost. Stock transfer agents also run annual meetings as inspector of elections, proxy voting, and special meetings of shareholders. They are considered the official keeper of the corporate shareholder records.

Street name

The share are issued in "street name" which is the term given to securities held in the name of a brokerage on behalf of a customer, usually done to facilitate subsequent transactions. "Street name" refers to beneficial shareholder who maintain their ownership through a brokerage. Street name holders are the opposite of registered holders.

United States

Stock transfer agents verify genuinity of owners of stock through signature guarantees. A signature guarantee is a warranty by the signature guarantor that the endorser of a stock...
Read More

No feeds found

All
Posting your question. Please wait!...


No updates available.
No messages found
Suggested Pages
Zid
Zid
Tell your friends >
about this page
 Create a new Page
for companies, colleges, celebrities or anything you like.Get updates on MyPage.
Create a new Page
 Find your friends
  Find friends on MyPage from