Depository Participant
A depository participant (DP) is a financial entity linking investors to depositories like CDSL or NSDL. It holds shares in dematerialized form within a Demat account, enabling paperless ownership. DP acts as an intermediary between client and depository. DP ensures seamless transactions and security of assets. Choosing a reliable DP is key to safeguarding investments while facilitating efficient market participation, making it an essential player in modern trading ecosystems.
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