DVP settlement
Delivery of securities simultaneously with payment—eliminating principal risk.
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Settlement infrastructure
Clearing & settlement
The Central Depository ensures reliable settlement of securities trades—delivery versus payment (DVP) and obligation monitoring.
Integration with market participants and settlement systems guarantees timely, error-free completion of every trade.
DVP settlementSettlement integrationRisk control
Reliable market settlement
The depository acts as settlement agent, transferring securities between participant accounts simultaneously with cash transfer. The system minimizes settlement risk and ensures transparency for all parties.
Key capabilities
Securities trades
Automatic settlement of securities trades.
OTC trades
Settlement of over-the-counter trades on participant instructions.
Obligation monitoring
Tracking fulfillment of obligations until settlement completes.
Netting
Offsetting of mutual obligations to optimize settlement.
Reporting
Detailed reports on settled and unsettled trades.
How it works
- 1
Trade execution
The trade is registered with the depository or an authorized participant.
- 2
Clearing
Determine party obligations and prepare for settlement.
- 3
Asset blocking
Reserve securities and cash.
- 4
Settlement
Simultaneous transfer of securities and cash.
Benefits
- Minimized settlement risk
- Fast trade execution
- Transparent settlement process
- Market participant integration
- OTC settlement support
Connect to settlement infrastructure
Learn about the depository's clearing and settlement capabilities.