Firms need a reliable, consistent way to make securities eligible for DTC’s depository, custody and book-entry services. Underwriting serves as the mandatory entry point by establishing DTC eligibility of new and previously issued securities entering the secondary market. Through a standardized review and issue-setup process, DTC Participants can submit the security, offering and supporting documentation needed for DTC to evaluate eligibility and establish the issue on its systems.

Underwriting supports a broad range of equity, corporate and municipal debt, money market and other eligible instruments. By standardizing data collection, automating key validations and reducing reliance on manual documentation, this service helps improve issue setup and data quality, accelerate market readiness, streamline downstream processing and reduce operational and settlement risk across the securities lifecycle.