CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

What is a transfer agent?

Transfer agent

A transfer agent is appointed by a company to keep track of who owns the organisation’s stock and bonds, and whether those financial assets are registered in the name of an individual investor or brokerage firm.

Where have you heard about transfer agents?

Most transfer agents are banks or trust companies, although some firms act as their own transfer agents. They're important behind-the-scenes operators because many companies have a large number of investors holding a small amount of equity.

What you need to know about transfer agents.

A transfer agent has four main jobs:

  1. To issue and cancel stock certificates, including when a company pays a stock dividend or has a stock split . Ownership records are mostly electronic these days, but a transfer agent may issue certificates to new owners if they request them.
  2. To exchange the company’s stock or bonds if a merger occurs, and tender shares where necessary.
  3. To ensure investors receive dividend or interest payments, and send out the company’s annual report to shareholders, which includes the firm’s audited financial statements.
  4. To troubleshoot and handle any shareholder queries.

Find out more about transfer agents.

Read our definition of registrar , which works closely alongside the transfer agent.

Latest video

Latest Articles

View all articles

Still looking for a broker you can trust?

Join the 610,000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading