Nominee Name Name in which a security is registered and held in trust on behalf of the beneficial owner.
Nominee name: Non competitive auction: Bidders receive bonds at the average price.
Nominee Name A name that is used by the corporation as a generic registered owner on a stock or bond certificate. The use of nominee names makes the processing of security transfers easier.
Cede & Co. Nominee name for The Depository Trust Company, a large clearing house that holds shares in its name for banks, brokers and institutions in order to expedite the sale and transfer of stock.
the nominee name of The Depository Trust Company (DTC). Holding securities in nominee name makes it easier to sell, since the transfer is handled electronically. You don't have to deliver the certificates within the required timeframe.
See also: Contract, Basis, Bid, Short, Futures
 
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