Direct link

An account opened by a central securities depository (CSD), referred to as the "investor CSD", in the books of another CSD, referred to as the "issuer CSD", in order to facilitate the transfer of securities from participants in the issuer CSD to participants in the investor CSD. See also indirect link; investor CSD; operated direct link; relayed link (European Central Bank)

YOU MAY ALSO LIKE

Direct investment account

Direct investment

Direct holding system

Direct debit

Direct clearing member

Digital signature