| Eligible Securities |
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The following types of securities may be made eligible securities:
- securities listed on a stock exchange;
- securities issued by the government and other debt instruments;
- other securities such as mutual fund units, commercial papers etc.
Eligible Securities, currently on the market include:
CDBL Eligible Companies
CDBL agree with issuers when their securities are to be made eligible and The Securities And Exchange Comission(SEC) publish this information to the market. Once a listed security has been declared an eligible security by the SEC such then securities that are traded on an exchange:
- must be in an account in the depository before they may be sold;
- will be added to an account in the depository after they have been bought.
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