I bought my first Blackrock iShares ETF today and want to know if I am now registered with Blackrock (data transfer from broker)
I bought my first Blackrock iShares ETF today and want to know if I am now registered with Blackrock (data transfer from broker)
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Sybil · External communityPost link
External question — Personal Finance Stack Exchange
Author: Sybil
Original post: https://money.stackexchange.com/questions/162846
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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I bought my first Blackrock iShares ETF today and want to know if I am now registered with Blackrock (data transfer from broker)
I bought shares in a Blackrock ETF via Swissquote. Are my personal details (surname, first name, address, etc.) now in the Blackrock database or am I only known to my broker (Swissquote)?
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littleadv · External communityPost link
External answer — Personal Finance Stack Exchange
Author: littleadv
Original post: https://money.stackexchange.com/a/162847
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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Usually ownership is managed by the broker, this is what's called "
holding in street name
". Updating ownership of frequently traded high volume securities for every transaction is just too prohibitive and is essentially infeasible nowadays.
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Sybil Source score (net votes, not local likes): 0 Original post: https://money.stackexchange.com/questions/162846 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I bought my first Blackrock iShares ETF today and want to know if I am now registered with Blackrock (data transfer from broker) I bought shares in a Blackrock ETF via Swissquote. Are my personal details (surname, first name, address, etc.) now in the Blackrock database or am I only known to my broker (Swissquote)?
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