Pledge is the assignment of an intangible movable property or a set of intangible movable assets, present or future, as collateral for one or more debts, whether present or future.

The pledge of a securities account is a form of real movable security that allows the beneficiary, typically a financial institution, to either claim payment from or be granted full ownership of the debtor's securities in the event of the debtor's default.

As an investor, if you wish to pledge your securities, you must submit a request to your account holder (SGI or BTCC) to ensure that all necessary actions are taken with the DC/BR.