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Share depository (Securities depository)

What is a share depository?

A share depository (or securities depository) is an account used to store and trade securities such as shares, mutual funds, and bonds. The account is set up with a bank or an online broker (for example, Avanza or Nordnet).

Share depositories and unlisted shares

When you invest in unlisted shares, for example on Accumeo, the ownership is usually registered directly in the company's share register. When a company later goes public, the shares are digitized via Euroclear and can then be transferred to your share depository to be traded publicly.

The difference between a share depository and a securities depository

There is no practical difference between a share depository and a securities depository — they are two different terms for the exact same thing.

FAQs

It depends on your bank or online broker and if the shares are connected to a central depository like Euroclear. Often, ownership in smaller unlisted companies is managed separately via a physical share register at the company.

In a standard share depository in Sweden, you typically pay a 30% capital gains tax on the actual profit from a sale. An ISK is instead taxed annually at a standard rate based on the account's total value.

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