Depository Operation definition

Depository Operation means activities of the Depository resulted in opening (closing) a Securities account (an account not intended to keep records of the rights to securities, a Securities sub-account), making entries in the Securities account (the account not intended to keep records of the rights to securities, the Securities sub-account) or a registry, providing the initiator of the transaction with information about the Securities account (the account not intended to keep records of the rights to securities, the Securities sub-account) or the registry.