Importance of Central Securities Clearing System(CSCS)

Importance of Central Securities Clearing System(CSCS). Registering with CSCS will enable you have record of your shareholding with the companies you have shares with and make such units available for trading if necessary. This record of your shareholdings can be printed out for you monthly by your stockbroker. Doing this monthly will enhance your trading proficiency. You can also access your account daily if you have internet access through the CSCS website with an annual fee. CSCS keep up to date records of transactions on the stock exchange.