What is a depository and what services they
offer to the investors?
Answers
Explanation:
A depository in finance is an organisation which holds securities (like shares, debentures, bonds, government securities, mutual fund units etc.) of investors in electronic form at the request of the investors through a registered depository participant. It also provides services related to transactions in securities.
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Answer:
a place where things are stored.
"Irish libraries became depositories for material from all over the world"
variant spelling of depositary.
provides security and liquidity in the market
Explanation:
A depository bank or depositary bank is a specialist financial entity which, depending on jurisdiction, facilitates investment in securities markets.
A depository can be an organization, bank, or institution that holds securities and assists in the trading of securities. A depository provides security and liquidity in the market, uses money deposited for safekeeping to lend to others, invests in other securities, and offers a funds transfer system.