DTCC To Provide Cash Settlement For Syndicated Loans
The Depository Trust & Clearing Corporation plans to add cash settlement capabilities, including delivery versus payment (DVP), to its Loan/SERV suite of services.
--Leela Parker
The Depository Trust & Clearing Corporation plans to add cash settlement capabilities, including delivery versus payment (DVP), to its Loan/SERV suite of services. Cash settlement will be added to the platform before the first quarter of next year, said a DTCC spokesman.
“Delivery versus payment will provide ...Already a subscriber? Login