Delivery versus payment

From The Jolly Contrarian
Revision as of 12:09, 19 July 2019 by Amwelladmin (talk | contribs)
Jump to navigation Jump to search
The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


Index — Click the ᐅ to expand:

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

Delivery versus payment or DvP is a common form of settlement for securities. The process involves the simultaneous exchange of the securities (or the documents necessary to transfer them) with the agreed cash consideration. If either side fails, the other side does not happen, so the parties have only limited market exposure to each other.

See also