Re: e$: Geodesic Securities Markets

[f_griffith@ccsvax.sfasu.edu]

>

>> Perry Metzger says,
>>
>Yup. The certificate is held in street name -- the name such
>certificates are held in is "Ceed & Co." for obscure reasons I've
>never been able to fathom.


I think it's Cede & Co.

The original reason, which may not still hold, was that it was rather
cumbersome to transfer securities held in the name of a corporation,
much easier to transfer those in a partnership's name.  Thyus, the 
clearing corp formed a partnership to hold the securities.