The Physics of Cross Border Success
As a foreign issuer lists on OTCQX or OTCQB, it’s absolutely critical to become DTC eligible. The Depository Trust Company or DTC is the unseen and often unsung hero that allows the modern infrastructure of cross border trading to function easily and cost-effectively. In the U.S., DTC eligible shares are qualified for electronic clearing and settlement through the Depository Trust & Clearing Corporation, a U.S. company that manages the process for publicly traded companies.