Investment Identification segregates securities for the account of a firm, partner, or business into an Investment ID account, and is used for reporting information to the IRS about securities purchased for investment purposes. Investment ID transactions physically segregate securities into your Investment ID account until instructions are received to release either all or a portion of the segregated securities. This release instruction swings back the securities indicated, making this position now available for other activities.
The segregated shares will appear in your Investment ID account based on the trade date and the type of investor (firm, partner or business) as indicated by the serial numbers below:
0100000 to 0199999 for firm,
0200000 to 0299999 for partner, and
0300000 to 0399999 for business.
Shares that are in your Investment ID account will not be used for the following DTCC services:
Transfers,
Deliver Orders,
Withdrawals, and
Pledges.