fasthosts internet ltd is a provider of internet access and hosting services based in gloucester , england .

the company also operates the domain name registration service ukreg .

fasthosts was originally started by andrew michael , then aged 17 , as part of an a-level school project .

it became a limited company in 1999 , and launched ukreg in 2000 .

the company specialised in providing services for small businesses , and in 2002 was listed as the second fastest growing technology company in the united kingdom by the sunday times .

in 2005 the company had a turnover of £ 20 million and made £ 5 million profit .

the company also became known for hosting lavish staff christmas parties ; an event in 2005 costing £ 600,000 featured appearances from jonathan ross , the darkness and boney m. in 2006 fasthosts was sold to german internet service provider united internet for £ 61.5 million , netting michael £ 46 million for his 75 % stake .

michael remained as ceo until 2009 , when he left to found livedrive .

a hacking incident in 2007 prompted fasthosts to temporarily shut down customers ' websites .

the company noticed that its servers had been accessed in october and wrote to customers recommending that they change their passwords ; in december after noticing " unusual activity " on some sites it closed down those that had yet to change their passwords until new passwords could be issued by post .

in 2008 fasthosts acquired reseller streamline.net , and also launched a reseller hosting service in the united states .

cloud infrastructure service rise was launched in 2010 .

fasthosts was the sponsor of the great exhibition 2012 .

in october 2014 rise was quietly divested to outsourcery for an undisclosed sum as of 2017 , fasthosts has approximately 415,000 customer contracts spread over a variety of products from domain registrations to email , web hosting and server products .

fasthosts

those interested in applying for a job at fasthosts should go to fasthosts . co . uk .
to report suspected misuse of fasthosts ' systems , including email spam , please follow our guidelines .
fasthosts was set up as an a - level project by mr michael and his friend alex wilding .
he added that the sale of fasthosts would allow him to pursue his childhood dream of owning a helicopter .
fasthosts provides e - mail and other web services to small businesses across the uk from its headquarters in gloucester .
mr michael , who owns a 75 % share in the company , has sold fasthosts for £61 . 5m .
fasthosts is the trading name of fasthosts internet limited . company registration no . 3656438 . registered in england and wales . vat no . 720821857 . registered office : discovery house , 154 southgate street , gloucester , gl1 2ex , united kingdom .
@ fasthosts email and website still offline since friday 8th july . hope this can be rectified soon . steve info @ urltoken
fasthosts , which provides email and other services for small companies , was snapped up by german company united internet earlier this week .
he said :
i always had very high hopes for the company and i ' m ambitious so i wanted fasthosts to succeed .
if you already have your own domain name you can transfer it into fasthosts for use with your standard email package , or you can register a domain name from fasthosts . you can then use this domain name to create up to 7 personalised email addresses – each with their own mailbox .
@ fhtechteam still offline 24 hours later and still no idea as to what happened or when they might be back online . truly abysmal @ fasthosts
andrew michael , 26 , started up web technology firm fasthosts as a sixth form project from the bedroom of his cheltenham home , aged just 17 .
fasthosts left some customers without access to their backups for roughly six days – after it tore down systems it feared were vulnerable to the wannacry malware .
prices for domain names can vary based on the extension . at fasthosts we offer domain names starting from £1 . you can check domain name prices at urltoken
of course ! transferring your domain names to fasthosts is easy and completely free . for a detailed guide on how to transfer your domain name visit urltoken .
fasthosts boasts that it is the
uk ' s number one web host
. sales have soared from £240 , 000 in 1999 to £20m last year .
mr michael said he would certainly avoid this fate . he declined to comment on rumours that u2 are in the running to headline this year ' s fasthosts christmas party .
of course ! with fasthosts you can register as many domain names as you want , and can manage them all in the same place with our award winning control panel .
hosting provider fasthosts has been hit with an outage lasting four days , which has knocked some customers ' sites offline due a number of its cloudy services being out of action .
as soon as you register a domain name with fasthosts , we’ll give you full domain name server ( dns ) control so you can host your email and website wherever you like .
fasthosts met with customer james thurlow - craig , md and founder of create designs , to find out why they opted for cloudnx . find out more via our latest case study :
fasthosts hires people who push themselves and want to be challenged every day . all our employees are focused on developing the business and delivering the very best service to customers through leading internet technology .
fasthosts said it was worried its server would be vulnerable to the panic - inducing ransomware that spread around the world on friday and over the weekend , causing it admins and executives alike major headaches .
fasthosts had concerns over these particular accounts and proactively disconnected the service platform , to protect against the malware risk ,
a spokesperson told el reg .
we can confirm that no compromise occurred .
for the non - stop sailing around the world challenge later this year . you can support alex buy buying ' pixels ' , available to purchase via his website , hosted by fasthosts . find out more :
web - hosting specialist fasthosts has branched out into the cloud with the launch of a wholly - owned cloud infrastructure - as - a - service venture called rise , pitched at smbs through both it and comms resellers .
speaking to microscope , fasthosts and rise ceo andy burton said that many smaller firms had caught the gist of the cloud , but were not clear on how to adapt it , which was where channel players came in .
since 1999 , fasthosts has been designing new ways to give customers everything they need to manage and control their online space . innovation drives everything we do , ensuring we offer the latest internet technology across our range of services .
fasthosts made headlines last year after an office bash that featured jonathan ross , the rock band the darkness , free cristal champagne and fire - jugglers . yesterday it was bought by united internet , a german internet service provider , for £61 . 5m .
no – fasthosts has different mail packages for different budgets and requirements . you can start with cost effective standard email , and upgrade to exchange essentials at any point . we also offer our email with other services ( e . g . web hosting ) as part of cost - effective bundles .
asked why he has sold the business , mr michael said simply ,
it was the right time
. it is thought that an earlier attempt to sell fasthosts to pipex communications , a telecom company that is building a wi - max network in the uk , failed at the final hurdle .
once you have 50 domain names registered with fasthosts , you ' ll automatically be eligible for discounted prices on any new domain registrations , renewals or transfers you make . for example , if you want to register , renew or transfer in a urltoken domain – and you already have 50 registered domains of any type in your account – then you ' ll be charged
updated at 12 . 20pm to add : simon yeoman , general manager at fasthosts , said :
firstly please allow me to take the opportunity to emphasise our sincere apologies to any of our customers that have been affected by this outage . although it has only impacted a very small proportion of our virtual cloud server customers we understand the inconvenience caused by issues of this nature .
since 1999 , fasthosts has been designing new ways to give customers everything they need to manage and control their online space . innovation drives everything we do , ensuring we offer the latest internet technology across our range of services including domain names , shared web hosting , business - class email , dedicated servers , cloud servers , secure online storage and online backup . we also maintain a highly successful reseller channel .
fortunately , the new backup platform appears to be working . if there ' s a silver lining to this whole ordeal , it is that backup data previously hosted on a vulnerable machine is now running on a new , secured box , fingers crossed . fasthosts claimed 82 customers were affected by the outage , however we believe those customers vary in size – for example , some are it contractors for small businesses . ®
based in the uk and operating 24 / 7 from our dedicated uk data centres , we keep over a million domains running smoothly and ensure over 42 million emails are delivered safely each day . all our services can be self - managed through the award - winning fasthosts control panel . by focusing on the needs of our customers and employing great people , we ' ve created a profitable , fast moving and market - leading organisation .
the brit web hosting biz confirmed to the register that it pulled the plug on gear hosting some of its customers ' online storage service last friday . these systems were running microsoft windows server 2003 , which is no longer officially supported and is potentially susceptible to the wannacrypt ransomware that did the rounds on friday . in other words , worm smashes server 2003 machines worldwide , fasthosts pulls plug on server 2003 hardware , customers go for days without access to online data .
there are a few options to get email on your domain name . unlimited email address forwarding is completely free with all domains registered with fasthosts . create unlimited personal email addresses using your own domain name , e . g . you @ yourdomain . co . uk , and use our free email address forwarding service to redirect mail to your existing address , e . g . your gmail or hotmail account . unlike many providers , we don’t add our own signature text or advert links to your emails , even though our email address forwarding service is free .
a computer company well known for throwing the most lavish christmas parties in britain was sold yesterday , leaving the 26 - year - old founder £46m richer .
andrew michael , who began the business from his bedroom as part of an a - level project at the age of 17 , owned 75 per cent of the company .
mr michael insisted yesterday that he has not yet calculated how much he is now worth , but conceded he has
more money than i know what to do with
.
it has won plaudits as one of the fastest - growing privately owned companies in the uk , but has also had teething problems with its technology .
a few years ago its network collapsed , leaving customers unable to collect orders or send e - mails .
mr michael , who was born in cyprus , is intending to stay with the business despite his new - found wealth .
i haven ' t worked out how much it is yet . but i am looking forward to next christmas . five decent parties and it will probably all be gone ,
he said .
last year ' s party sounded like a scene from a novel about wall street excess . at a cost of £600 , 000 , 200 employees and their spouses stepped on to a red carpet that led to a marquee in gloucester ' s football ground .
jonathan ross , the chat show host , orchestrated proceedings , with music from boney m and the darkness , of whom mr michael is a big fan .
the semi - serious rock group ' s songs include
get your hands off my woman
,
love on the rocks with no ice
and
one way ticket .
at the free bar , guests enjoyed champagne , vintage wines and a selection of fine spirits .
earlier christmas parties that were paid for by mr michael saw staff entertained by , among others , girls aloud , sugababes , the cheeky girls and louise redknapp .
the company insists that customers will not be affected by the change of ownership - and that next year ' s party will be bigger than ever .
united internet is one of the best - performing technology shares on the german stock market .
in a dry statement to the frankfurt exchange unveiling the deal , united said :
this take over aims at the extension of united internet ' s existing activities in the uk .
the history of companies that get famous for throwing really good parties is not encouraging .
tyco international , a us business that included the former conservative party treasurer michael ashcroft as a board member , became notorious after holding an extravagant party for the wife of its chief executive , dennis kozlowski . the roman empire - themed celebration cost £1 . 5m and featured an ice - sculpture of michelangelo ' s david urinating stolichnaya vodka into crystal glasses . kozlowski is now serving up to 25 years in prison after being found guilty of stealing hundreds of millions of dollars from the company .
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digital transformation is a phrase that means many things to many people but for it to have any real relevance to the channel then it needs to mean a chance to make money . this guide will share some of the recent developments in the channel and the latest thoughts about the issue .
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the vast majority of our customers are smbs and in the current economic climate their ability to invest is contained ,
he said .
we feel the best way to help smbs adopt cloud technology is to go through the partner network that they rely on for on - premise it .
rise is currently targeting approximately five lars , 10 systems integrators and 30 vars by the end of 2010 . partners will be able to sell rise ' s microsoft dynamic data centre - based cloud infrastructure offering as part of their portfolio , or as a managed service backed off to the firm ' s two datacentres .
according to burton , pumping cloud services through traditional it partners with long - standing local relationships would break down some of the trust barriers surrounding the cloud proposition .
no problem ! submit your e - mail address below . we ' ll send you an email containing your password .
the information security community has welcomed regulators’ call on the banking industry to demonstrate their capability to . . .
technology skills and education provider cnet training is calling on the datacentre community to help inform its research into . . .
unitrends revised its channel partner program , adding new tiers and benefits for its legacy partners , as well as incentives for . . .
state government it could run into shifting priorities with 36 governorships in play this fall , but areas such as cloud are . . .
in a complex stock deal dell once again becomes a public company to flex its muscles against major legacy it rivals , but . . .
results were generated a few mins ago . pricing data is updated frequently . currency in usd
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urltoken
bbc news | uk | england | gloucestershire | young entrepreneur pockets £61 . 5m
a young entrepreneur has become a multi millionaire after selling an internet business he started as a teenager .
after completing his a - levels , mr michael focused on his new business which in 2002 was listed by the sunday times as the second fastest growing technology company in the uk .
i feel a little sad in a way as it ' s something i ' ve been working on for six years , but i ' m really excited to be working with united internet .
mr michael has become famous for the lavish christmas parties he throws for his staff .
acts that have entertained the workers in the past include girls aloud , the sugababes , louise redknapp , the darkness and tv show host jonathan ross .
i feel another party coming on and this time i think we ' re going to try and get robbie williams to perform - that would be great .
most popular now | 17 , 029 pages were read in the last minute .
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entry level email suitable for anyone . personalise your email address with your own domain name .
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the standard email package includes two mailboxes with 2gb storage space and five mailboxes with 100mb storage . standard mailboxes are useful for website integration , and can be used as a repository for online forms and contact buttons .
standard email is an entry - level email solution suitable for workers who handle relatively small email volumes , are mainly desk based , and have no need for central storage . for a more mobile workforce with higher email volumes , exchange essentials is more suited .
through the widely supported imap and pop email protocols , standard email will work with virtually every device but will not give the level of seamlessness as offered by exchange essentials .
a hosted email solution manages your email systems for you , delivering messages to your desktop , laptop , tablet or smart phone . hosted email gives a secure , reliable and cost effective email solution , for any size business .
get the complete email and office package with office 365 business premium . includes the full microsoft office suite of applications ( outlook , word , skype etc . ) and improved synchronisation across devices .
standard email is an entry - level business email solution suitable for anyone looking to upgrade from free webmail to a personalised business email address .
free email solutions are often limited – in both what they can do and reliability . they are also not really free , but funded by advertising sponsored services . it means you share a lot about yourself , and can be bombarded with unsolicited content .
you also are stuck with a limited choice of email addresses , having to choose from the available ones . with paid email you can get a personalised business email address , i . e . you @ urltoken
with the standard email package you can have up to 7 personalised email addresses – each with their own mailbox . you can also add more mail extra or microsoft exchange mailboxes to your package .
a business email address looks more professional and helps for brand recognition . having an email come from you @ urltoken gives off a more trustworthy impression to your customers .
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create new professional email addresses from your domain name and use our free email address forwarding service to redirect mail .
if you need support with your domain name our friendly and knowledgeable support staff are available 24 / 7 to help you over the phone or online .
a domain name is the address for your website . your web address is how your customers can find your website on the internet . websites are hosted on a web server . domain names are what connects a website to a server . every domain has to be unique so that the web server knows where to point the user to . you can check available domain names using our domain name checker at urltoken .
domain names are made up of the domain extension or tld ( top - level domain ) and the customer defined domain part ( the ‘example’ part of ‘example . com’ ) . when someone tries to access your website by typing in ‘example . com’ the dns server will locate its ip address by first going to the group of . com domains , and then searching for the . com domain labelled ‘example’ to find your website .
if you want to add a blog or a shop to your website you can create a subdomain , e . g . urltoken or blog . example . com .
domain extensions or tlds are categorised into groups . the original gtlds ( generic top - level domains ) included . com , . org , . net , and . gov , and over time the list was expanded to include cctlds ( country code top - level domains ) like . uk , as well as more specific geographic domains like . london , . wales and . scot .
the list of gtlds has grown to include professional domain extensions like . photography , . restaurant and . shop , as well as new tlds like . ninja , . lol and . love .
different extensions suit different purposes . for example , if your website is aimed at a uk audience , it makes sense to choose a urltoken domain . if you want your website to have international exposure , consider registering the same domain name with . eu and . com extensions . securing your domains with as many available extensions as possible is the best way to reach the widest audience .
domain names can be made of up to 63 characters , and these characters can include the letters a - z , numbers 0 - 9 , and hyphens . however , hyphens cannot be the first or last character of your domain name . domain names cannot include underscores , exclamation marks or any other characters . domains names are not case sensitive .
assuming that the domain you choose is available , there are some restrictions in place on domain names . for example , you can only register a . scot domain if you or your business resides / operates within scotland . however for most domains there are no restrictions on how you can use each extension .
it’s really easy to register domain names . all you have to do is check that your domain is available by using our domain name checker at urltoken . simply search for a domain name and if it’s available , then you’re good to go . from there all you have to do is sign up with your contact and payment details and your domain registration is complete .
when you’ve got your domain there are a few options to create your website . you can use our website builder package , and create a website using drag - and - drop customisation on up to 100 beautiful themes . it’s the quick and easy way to build your business or personal website whatever your level of technical expertise .
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if you’re choosing a domain name for your business there are certain tips you can follow . your domain name should be similar to your business name . if the . com version of your ideal domain name is already taken then consider choosing a more specific extension ( e . g . yourcompany . florist ) .
consider using hyphens to make your domain easier to read ( e . g your - company . com ) . it ' s a good idea to protect your brand and register similar extensions ( e . g . get urltoken and yourcompany . co . uk ) .
with the onset of social media applications and services such as twitter and facebook it’s generally a good idea to make sure you secure usernames which match or closely match your domain name .
because we give you full access to your dns ( domain name system ) records we make it as easy as possible for you to transfer your domain names to other people . this means you can easily sell your domain if you want to .
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since 1999 , we’ve been constantly improving our services to support our customers . in 2016 we launched our next - generation cloud platform – cloudnx .
as a linux systems engineer we ' re given problems and expected to come up with solutions to those problems .
i have visited both the philippines and the u . s . during this time to deliver some key training projects
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hardware rumours , goat - spanking search engines and plenty of azure . it ' s last week in redmond
microsoft might not support windows xp any more , but gandcrab v4 . 1 ransomware does
git365 . git for teams . quatermass and the git pit . github simply won ' t do now microsoft has it
imagine a patent on organizing computer files being used against online shopping sites . oh , it ' s still happening
ai bots suck at marking written essays , not too shabby at old atari games , and more . . .
according to the gloucester - based provider ' s service update page :
over the weekend one of our platform specialists , in conjunction with dell and microsoft , identified the root cause of this issue .
however , the status page records the problem as first beginning on thursday at 11 : 44am .
a process to resolve and restore the remaining affected servers to service is underway . due to this involving a large storage migration it is being staged to mitigate additional strain on the rest of the platform ,
it said .
our systems team will be reviewing the progress of this procedure and we will be able to provide further information when it becomes available ,
it said .
one customer got in touch to complain about the impact the outage was having on his clients ' revenues , hitting bottom lines by knocking out their online booking systems .
it ' s amazing that it is still down , particularly as this is not a cheap service we are using . all they are offering is a day ' s free hosting for every hour outage - but only up to a month free - so that’s £60 .
he said the company ' s engineers
have been working tirelessly around the clock
to ensure this issue is fully resolved .
he added :
once normal levels of service have resumed and we understand the root cause along with any next steps required to ensure we avoid a repeat occurrence , we will provide an update to all affected customers .
this paper explores plaster - the seven major ai challenges - in the context of nvidia’s dl solutions .
spectrum cdm is a new addition to the ibm spectrum data protection portfolio . it is designed to enable non - protectionrelated use cases for secondary data .
practical information available on the subject and helping you get started building efficient deep learning networks .
comcast ' s mega - outage ' solution ' . . . have you tried turning your router off and on again ?
the register - independent news and views for the tech community . part of situation publishing
the backup service was restored by tuesday evening , uk time , after el reg prodded the outfit for an explanation on monday night , us pacific time . some customers told us things were not back to normal until wednesday morning , though .
my client needs to access backups that are on their backup service to restore a critical application they are using ,
one customer told us earlier this week .
they have not been able to conduct their business during this unexplained outage – understandably , they are pretty pissed off .
the web biz wouldn ' t confirm the replaced gear was using windows server 2003 , however emails it sent to customers , and seen by the register , revealed the hardware was running an os that hasn ' t been supported since 2015 . the missive , sent on tuesday at 5pm uk time , read :
on friday 12th may we made the decision to take our dedicated backup service offline as a purely precautionary measure to protect against the well - publicised global malware attack .
the platform that you were previously using was built on windows 2003 technology , and as such was vulnerable to the ' wannacry ' malware which hit various systems worldwide .
we can confirm that as a result of our actions the platform was not compromised and your back - ups remain secure .
as we take the security of our systems extremely seriously , we are retiring the windows 2003 platform with immediate effect , and as a result we will be migrating your service to a new backup platform . as soon as the change has been made , your service will be available . you will simply need to update your backup password in your control panel , as well as adding the new platform ips into your back - up scripts if necessary . we will let you know as soon as the migration of your service is complete .
we have now completed the migration of your backup service to our new platform . in order to start using your service again , you now need to log in to your control panel and update your backup folder password ( s ) . you will also see the new backup server ip , which you will need to update any backup scripts you may have running .
all access rights that were configured on your previous backup folder ( s ) have been applied to the new server , so the same users that could access your old backup folder ( s ) will be able to access the new ones .
today , business users need on - the - go access to all their critical data , which includes emails , documents and attachments .
how advanced ai applications require a modern all - flash storage infrastructure that is built specifically to work with high - powered analytics , helping to accelerate business outcomes for data driven organizations .


depository trust company ( dtc ) is a new york corporation known as a trust company which performs the functions of a central securities depository as part of the us national market system .

dtc was formed under the special incorporation laws of new york for trust companies .

dtc manages book-entry securities entitlement transfers for brokerage houses and maintains custody of global ( jumbo ) stock certificates and other stock certificates through its affiliated partnership nominee , cede and company .

dtc maintains omnibus customer securities accounts for the account of the dtc participant .

even though dtc participants own most of the stock of dtc , the dtc is technically a subsidiary of the depository trust & clearing corporation because dtcc owns the only voting stock .

dtc is not the holder of record of the securities for which it manages the custody .

dtc instead designates cede and company , whose partners consists of dtc employees , as their main custodial nominee pursuant to new york 's legislation called the uniform commercial code , article 8 : investment securities .

depository trust company

a limited purpose trust company is a trust company that has been . . .
a chill is when the depository trust company ( dtc ) places one . . .
the depository trust company ( dtc ) is one of the world ' s largest securities depositories . the dtc , founded in 1973 and based in new york city , is organized as a limited purpose trust company and provides safekeeping through electronic recordkeeping of securities balances . it also acts as a clearinghouse to process and settle trades in corporate and municipal securities .
dtcc ' s subsidiary , the depository trust company ( dtc ) , established in 1973 , was created to reduce costs and provide clearing and settlement efficiencies by immobilizing securities and making
book - entry
changes to ownership of the securities .
the depository trust and clearing company ( dtcc ) owns the dtc . the dtcc manages risk in the financial system . formerly an independent entity , the dtc was consolidated with several other securities clearing companies in 1999 and became a subsidiary of the dtcc .
a depository is a facility such as a building , office , or warehouse . . .
the rising interest in blockchain has attracted none other than the depository trust & clearing corporation ( dtcc ) , an entity at the core of post - trade market infrastructure to test bitcoin’s . . .
analysts warn the company may miss on q1 results and fy17 guidance despite already low sentiment .
dtc is a member of the u . s . federal reserve system , a limited - purpose trust company under new york state banking law and a registered clearing agency with the u . s . securities and exchange commission .
a liability is defined as a company ' s legal financial debts or obligations that arise during the course of business operations .
dtc is the world ' s largest central securities depository . it accepts deposits of over 2 million equity and debt securities issues ( valued at $ 23 trillion ) from over 65 countries for custody , executes book - entry deliveries ( valued at over $ 116 trillion in 2000 ) records book - entry pledges of those securities , and processes related income distributions dtc is a member of the u . s . federal reserve system , a limited - purpose trust company under new york state banking law , a registered clearing agency with the securities and exchange commission , and is owned by the depository trust and clearing corporation ( dtcc ) , which is in turn owned primarily by most of the major banks , broker - dealers , and exchanges on wall street .
read about how the social security trust fund is set up , paid into , borrowed from and invested by the u . s . government and . . . read answer > >
in addition to safekeeping , recordkeeping and clearing services , the dtc provides direct registration , underwriting , reorganization , and proxy and dividend services . for example , it announces when a company declares a dividend , then it collects the dividend payment from the issuing company , allocates dividend payments to the shareholders and reports those payments . the dtc also provides global tax services .
how to invest in a company is one of the most basic investment skills to master for those with funds under their management . perhaps the easiest way for publically traded companies is to purchase their stock via the stock market where they are . . .
the dtc holds trillions of dollars ' worth of securities in custody , including corporate stocks and bonds , municipal bonds and money market instruments . it settles funds at the end of each trading day using the fedwire funds service . the dtc is registered with the securities and exchange commission ( sec ) , is a member of the federal reserve system and is owned by many companies in the financial industry , with the nyse being one of its largest shareholders . securities brokers , dealers , institutional investors , depository institutions , issuing and paying agents , and settling banks use the dtc , but individual investors do not interact with it .
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dtc brings efficiency to the securities industry by retaining custody of more than 1 . 3 million active securities issues valued at us $ 54 . 2 trillion as of 7 / 31 / 2017 , including securities issued in the us and more than 131 countries and territories .
dtc provides securities movements for nscc ' s net settlements , and settlement for institutional trades ( which typically involve money and securities transfers between custodian banks and broker / dealers ) , as well as money market instruments .
dtcc ' s settlement services , offered through dtc , reduce cost and risk and boost efficiencies in the marketplace by providing end - of - day net settlement obligations for clients resulting from trading activity in equities , debt and money market instruments . asset servicing , also offered through dtc , offers a broad range of services for underwriting , custody , corporate actions , dividend , proxy and reorganization services , as well as the electronic registration and transfer of securities .
tim lind , managing director , dtcc data services , discusses the data challenges banks face in complying with frtb .
dtcc ' s michele hillery shares insights on what a modernized and streamlined acats system could potentially look like .
manage your services , submit online support requests , and access information on our product plan .
connects industry - leading front , middle and back office software platforms with dtcc ' s continually expanding and improving range of solutions .
learn more about how dtcc’s global solutions delivery team can assist with the integration and enhanced use of your dtcc products .
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the time value of money is the idea that money presently available is worth more . . .
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the settlement services that the dtc provides are designed to lower costs and risk as well as increase the efficiency of the market . it offers net settlement obligations at the end of each day from trading in equity , debt and money market instruments . the dtc also provides asset servicing , along with a range of services .
most of the country’s biggest broker - dealers and banks are dtc participants . that means that they deposit and hold securities at the dtc , which appears in the records of an issuer’s stock as the sole registered owner of those securities deposited at the dtc . the participants — the banks and the brokers - dealers — own a proportionate interest in the aggregate shares of an issuer held at dtc . for example , bank x may contain a proportion of the group of shares of stock bb that are being held in custody at the dtc .
the dtc emerged in the late 1960s when the new york stock exchange ( nyse ) became unable to handle its trade volume , which was then more than 8 million shares per day . due in part to the creation of the dtc , the nyse now can handle billions of trades per day . the dtc lowers costs and improves accuracy through its automated system .
in 2012 , the dtc settled 299 . 3 million securities , with a dollar amount of $ 110 . 3 trillion . as of july 31 , 2017 , the dtc held more than 1 . 3 million current securities issues valued at $ 54 . 2 trillion . these included securities issued in the united states and 131 other countries and territories .
a stock record is a detailed listing of securities held by a . . .
pharmaceutical companies will spend less on direct - to - consumer drug advertising in 2017 , say marketing experts .
weakness in tv is offset by new offerings such as espn + and a standalone video streaming platform .
analysts say future orders don ' t matter the way they once did , citing nike ' s scale .
ever wonder what happens behind the scenes when you buy or sell a stock ? read on to find out .
they wouldn ' t be throwing so much money on blockchain if they weren ' t certain it was the future of banking .
the superhero movie raked in over $ 640m this weekend , and that ' s before opening in china .
many institutions want a piece of your portfolio , but trusts can provide a one - stop shop .
for investors , the benefits of investment exposure to foreign companies through adrs is clear . find out how custodial banks . . . read answer > >
learn about marketable securities and the most common types of debt and equity securities , including common stock , bonds . . . read answer > >
the time value of money is the idea that money presently available is worth more than the same amount in the future due to . . .
a call option is an agreement that gives the option buyer the right to buy the underlying asset at a specified price within . . .
an annuity is a financial product that pays out a fixed stream of payments to an individual , primarily used as an income . . .
preferred stock refers to a class of ownership that has a higher claim on assets and earnings than common stock has .
the standard deviation is a statistic that measures the dispersion of a dataset relative to its mean and is calculated as . . .
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