Delivery versus Payment means payment for an investment must occur simultaneously with its delivery.

Delivery versus Payment or “DvP” means a settlement mechanism which stipulates that transfer of funds from the buyer of securities is made simultaneously with the transfer of securities by the seller of securities;

Delivery versus Payment means delivery versus payment as defined in Article 2(1), point (27), of Regulation (EU) No 909/2014;

Examples of Delivery versus Payment in a sentence

However, the settlement risk pertaining to CDRs shall be mitigated through Delivery versus Payment (DvP) mechanism which is followed by all clearing members.
Furthermore, in some markets 'Delivery versus Payment' may not be possible in which case the absolute value of the contract is at risk if the Company meets its settlement obligations but the counterparty fails before meeting its obligations.
Furthermore, in some markets Delivery versus Payment may not be possible in which case the absolute value of the contract is at risk if the Company meets its settlement obligations but the counterparty fails before meeting its obligations.
KELER CCP completes the settlement of guaranteed regulated market transactions with T+2 settlement with multilateral netting, applying the principle of Delivery versus Payment (DVP).
Trading in CO2 emission unit is settled on a gross value basis, under the principle of Delivery versus Payment, going from one transaction to the other.

More Definitions of Delivery versus Payment

Delivery versus Payment or ‘DVP’ means a securities settlement mechanism which links a transfer of securities with a transfer of cash in a way that the delivery of securities occurs if and only if the corresponding transfer of cash occurs and vice versa;

Delivery versus Payment means a transfer of SGSMB that is accompanied by payment;

Delivery versus Payment an exemption under the Client Money Rules whereby money held for the purposes of settling a sale transaction or redeeming Units in a Fund need not be treated as client money;

Delivery versus Payment means a securities industry settlement method that guarantees the transfer of securities only happens simultaneously as the payment for the securities.

Delivery versus Payment or “DVP” means a securities settlement mechanism, which links a securities transfer and a funds transfer in such a way as to ensure that delivery occurs if and only if the corresponding payment occurs;

Delivery versus Payment or ‘DVP’ means ‘delivery versus payment’ as defined in Article

Delivery versus Payment means a settlement procedure in which the buyer and the seller of an asset agree that the seller will pay the buyer upon the asset’s delivery to the seller.