DTCC To Provide Cash Settlement For Syndicated Loans

17 Jun 2009

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?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options