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What is Overview of Central Depository System about?

The Central Depository System (CDS) is an electronic book-entry system used in Pakistan to record and maintain securities. It eliminates issues related to physical handling of securities by recording ownership electronically. The CDS facilitates immediate transfers of ownership and supports market participants like brokers, investors, and issuers. Key elements are account holders, participants, issuers, and eligible pledgees who have direct access. The CDS allows deposit, transfer, pledging, pledge release,

Author

Maham Qureshi

Language

EN