Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is dematerialization and why does an investor need to know about it?

April 26, 2017dematerialization investor

0

Posted

What is dematerialization and why does an investor need to know about it?

1 Answer

0

Posted

Shares of all companies listed on the ECSE will be held in dematerialized form. This means that investors will no longer need to hold certificates to confirm proof of ownership. Once you buy shares now, you will not be given a certificate but a confirmation of the proof of ownership. Your shares will be held in electronic form at the Eastern Caribbean Central Securities Registry Ltd. (ECCSR), a subsidiary of the ECSE.