December 19, 2014 5:55 AM ET

Consumer Finance

Company Overview of Taiwan Depository & Clearing Corporation

Company Overview

Taiwan Depository & Clearing Corporation engages in the clearing and settlement of securities. Its services include custody of securities and short-term bills, book-entry for uncertificated securities and registration of short-term bills, computerizing book-entry operation for securities, distribution of securities by book-entry, clearing and settlement of emerging stocks, payment processing of offshore fund transactions, and payment processing for underwriting and redemption of short-term bills. The company also provides settlement, pledge, and book-entry operations for securities and short-term bills; clearing, settlement, and confirmation of short-term bills transactions; maintenance of s...

11F, 363, Fushin N. Rd

Taipei,  

Taiwan

Founded in 1989

Phone:

886 2 2719 5805

Fax:

886 2 2719 5403

Key Executives for Taiwan Depository & Clearing Corporation

President
Compensation as of Fiscal Year 2014.

Taiwan Depository & Clearing Corporation Key Developments

Broadridge Financial Solutions and Taiwan Depository & Clearing Corporation Signs MOU to Cooperate with StockVote System

Broadridge Financial Solutions Inc. has reached an agreement with Taiwan Depository & Clearing Corporation (TDCC) to establish direct links with the TDCC's new electronic voting system for Taiwanese shareholder meetings, StockVote. For listed companies that elect to use the StockVote system, direct voting into the system by Broadridge will significantly enhance the level of straight-through processing (STP) in the process, greatly improving voting deadlines for overseas investors and helping to eliminate multiple manual processes undertaken by local sub-custodian banks supporting Broadridge's clients in the market. StockVote was developed by TDCC to take advantage of recent regulatory changes in Taiwan that allow electronic voting, and the system has been used successfully by local investors for several years. By working with TDCC, Broadridge will bring the benefits of StockVote to foreign shareholders voting in Taiwan through Broadridge's global proxy service for global custodians and their institutional investor clients. Currently, voting in Taiwan is predominately handled manually by local banks, often including mandatory meeting attendance. With the cooperation of the sub-custodians and global custodians, Broadridge will send overseas voting directly to StockVote through secure electronic means, thereby eliminating the manual handling of paper voting and meeting attendance by the local banks for participating Taiwanese issuers.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Taiwan Depository & Clearing Corporation, please visit www.tdcc.com.tw. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.