Depository Trust Company Tracking - DTCT

DEFINITION of 'Depository Trust Company Tracking - DTCT'

A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.

BREAKING DOWN 'Depository Trust Company Tracking - DTCT'

Underwriters don't like flippers. DCTT attempts to deter premature selling of IPOs. The underwriters may even implement penalties against the flipper.

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