Two acronyms usually pop up when shareholders move their shares – DRS and DWAC. These terms often crop up when talking to a broker and a transfer agent. DRS and DWAC are both electronic systems. Both avoid paper certificates and aim to make share movement faster and safer. They serve different purposes, though. Choosing the...Read More

Efficiency and security are critical in the fast-paced world of stock trading. Especially when it involves transferring securities. One of the best ways to do this is through the DWAC system. DWAC is the acronym for Deposit/Withdrawal at Custodian. It’s a service provided by the Depository Trust Company. The DTC is the world’s largest securities...Read More