Delivery versus payment system: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
(Add link.) |
||
| Line 10: | Line 10: | ||
== See also == | == See also == | ||
* [[Atomic settlement]] | |||
* [[Risk]] | * [[Risk]] | ||
* [[Settlement]] | * [[Settlement]] | ||
[[Category: | [[Category:Financial_products_and_markets]] | ||
Latest revision as of 01:53, 28 February 2024
(DVP).
A mechanism in an exchange-for-value settlement system that ensures that the final transfer of one asset occurs only if the final transfer of (an)other asset(s) take(s) place.
Assets are, among others, monetary assets (this includes foreign exchange), all types of securities and other financial instruments.
Also known as Delivery against payment system.
