Stock Record
Definition of 'Stock Record'An electronic system that helps brokerage firms keep track of the positions, location and ownership of the securities it is holding. The stock record displays the names of the real and beneficial owners as well as the names of the securities and must be updated any time a trade is executed. Since today's brokerage firms hold shares in street name for investors, meticulous bookkeeping is necessary for keeping track of the actual owners of the securities. |
|
Investopedia explains 'Stock Record'Historically, stocks were issued as physical certificates and holding securities in street name eliminated the brokerage's step of transferring the paper securities to the customer. This system simplified transactions and significantly reduced the time required to settle trades. Today, securities are held in electronic form, making the need for physical transfers obsolete, but making an accurate stock record essential. |
Related Definitions
Articles Of Interest
-
Finding Undiscovered Stocks
Wall Street tends to focus on large cap stocks, leaving other stocks under-followed and undervalued. -
Introduction To Investment Diversification
Reducing risk and increasing returns in your portfolio is all about finding the right balance. -
The 4 Basic Elements Of Stock Value
Investors use these four measures to determine a stock's worth. Find out how to use them. -
Where's The Market Headed Now?
Whether up, down or sideways, learn about some of the factors that drive stock market moves. -
An Introduction To Stock Market Indexes
Be in the know - learn about the five most talked about indexes and what makes them all different. -
Material Adverse Effect A Warning Sign For Stocks
Learn what this phrase means and how to spot it in a company's financial statements. -
The Nitty-Gritty Of Executing A Trade
Ever wonder what happens behind the scenes when you buy or sell a stock? Read on and find out! -
Role Of A Market Maker
A market maker is a firm or an individual that stands ready to buy and sell a particular security throughout the trading session to maintain liquidity and a fair and orderly market in that security. ... -
Decline Of The Independent Broker-Dealer
Since the financial crisis of 2008-2009 the numbers of independent broker-dealers have been steadily declining. Find out why, and if the trend will continue. -
What happens if I cannot pay a margin call?
Minimum margin is the amount of funds that must be deposited with a broker by a margin account customer. With a margin account, you are able to borrow money from your broker to purchase stocks ...
Free Annual Reports