What is direct registration system (DRS)?

The Direct Registration System (DRS) simplifies the trading process for investors, as it allows them to hold their assets in book-entry form directly with the issuer. This electronic method eliminates the need for physical stock certificates, making it easier and faster to execute buy and sell orders.

What is a dividend reinvestment system (DRS)?

In essence, DRS allows investors to hold their shares in book-entry form, meaning the investor’s name is electronically registered on the books of the transfer agent or the issuer. This system is used not only by those who hold paper stocks but also by those who participate in dividend reinvestment programs (DRIPs).

What is DRS & how does it work?

DRS provides investors with a different way of holding their securities in certificate or street form. Under DRS, investors can elect to have their securities registered directly on the issuers records in book-entry form.

What is a share in DRS?

Shares represent a portion of ownership in a company, and in the context of DRS, they are held and recorded electronically. This eliminates the need for paper stock certificates and simplifies the process of tracking stock ownership.