DTC

Brokerage account (“DTC” or “book-entry”) ”“ Most investors no longer hold physical stock certificates. Instead, their securities are held in “custody” accounts provided by an investment firm or bank. Many such brokerage accounts are serviced by the Depository Trust Company (DTC), which holds custody of securities in the form of electronic files.  The date of the gift for a DTC transfer is the date when the shares actually enter the charity