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Depository trust company (DTC) tracking
A service that provides a method of tracking the exact path of purchases and sales of specific securities in the new issues market. This provides the underwriters with a means of twarting premature selling by holders of the new offerings. Once exposed, the underwriters may impliment penaltys if they desire.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Initial public offering
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