We help underwriters and other DTC Participants bring newly issued securities and eligible secondary offerings into DTC’s depository and book-entry environment. Through a centralized eligibility process, participants submit key security, offering and agent information for review so DTC can determine whether an issue meets applicable requirements and establish it on its systems. Once eligibility is confirmed, underwriters can distribute securities electronically to participant accounts, helping support a more efficient closing and reduce reliance on physical certificates and manual delivery processes.

Eligibility also provides ongoing access to DTC services that support deposits and withdrawals, electronic transfers and settlement, custody, corporate actions and other lifecycle processing. By establishing securities within DTC at issuance, New Issue Eligibility helps firms accelerate market readiness, improve transparency, streamline allocation and settlement workflows and reduce operational effort, processing errors and settlement risk.