Benefits to Affinor Growers shareholders as a result of becoming DTC approved include reducing the time for stock deposits and withdrawals into brokerage accounts while eliminating the inherent risks associated with the loss and replacement of physical stock certificates. Another side benefit is companies that are approved for DTC electronic transfers often experience higher trading volumes in their stock given the additional accessibility and availability of shares for trading.
Most large U.S. broker-dealers and banks are DTC participants.