RDN

An Indonesian regulated account, held at a partner bank rather than a securities firm, that holds an investor's uninvested cash for stock-market trading.

Definition

Rekening Dana Nasabah (Customer Fund Account) – An Indonesian regulated account, held at a partner bank rather than a securities firm, that holds an investor's uninvested cash for stock-market trading. A bank licensed to hold RDN accounts earns cheap, sticky deposit funding from every securities-account holder that parks cash there before or after a trade. Found In: Operating metrics disclosure, Investor presentations (Indonesian banks/brokerages)