한국예탁결제원, or the Korea Securities Depository (KSD), is a financial institution in South Korea that provides services related to the custody and settlement of securities. Established in 1974, it plays a crucial role in ensuring the smooth operation of the country's capital markets by safeguarding securities and facilitating transactions. The KSD also offers various services, including the management of securities accounts and the processing of corporate actions like dividends and stock splits. By maintaining a secure and efficient system, 한국예탁결제원 helps to enhance investor confidence and promote stability in the South Korean financial market.