Security deposits are refundable collateral posted as part of a listing agreement. They are typically designed to ensure compliance with agreed liquidity thresholds, marketing commitments, or other performance-related conditions.

While common, deposit structures often allocate risk toward the issuer. Terms should be clearly defined, objectively measurable, and independently auditable wherever possible. Ambiguous or price-contingent conditions introduce avoidable exposure and should be evaluated carefully before committing capital.