ACATS stands for Automated Customer Account Transfer Service, which is an electronic system that allows customers to move their financial assets from one brokerage firm or bank to another. When a transfer is initiated within the Cache platform, ACATS is used to safely and securely transfer stocks to our brokerage accounts.

DTC Transfer refers to a transfer through Depository Trust Company, a centralized securities depository that provides settlement services for almost all corporate, equity, and money market securities in the United States. When a counterparty brokerage initiates a transfer to Cache, DTC Transfer is used.

Both of these systems allow stock shares to be transferred efficiently between outside brokerages and Cache. See more about our financial infrastructure.