Search: DvP

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RBA Glossary definition for DvP

DvP – Delivery-versus-Payment

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Standard 11: Exchange-of-value settlements | A1.2 ASX Clear (Futures) | 2015/16 Assessment of ASX Clearing and Settlement Facilities

18 May 2023
For transactions involving securities transfers, ASX Clear (Futures) employs the DvP Model 1 settlement mechanism in Austraclear (CCP Standard 11.2). ... Settlement of ASX Clear (Futures) derivatives transactions that involve securities transfers occurs
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear-futures/standard-11.html

Standard 4: Credit Risk | Financial Stability Standards for Securities Settlement Facilities – December 2012

9 Mar 2023
The use of a system that settles securities and funds on a gross, obligation-by-obligation basis (DvP model 1) would further reduce potential liquidity exposures among participants. ... DvP model 3 mechanisms do not create credit exposures for
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/standards/securities-settlement-facilities/2012/standard-4.html

Financial Market Infrastructures

28 Sep 2022 PSB Annual Report – September 2022
the final settlement of the other via a delivery-versus-payment (DvP) mechanism.
https://www.rba.gov.au/publications/annual-reports/psb/2022/financial-market-infrastructures.html

Regulating the New Financial Markets

7 Dec 2006 Conferences PDF 80KB
RBA Conference Volume 1996
https://www.rba.gov.au/publications/confs/1996/pdf/dale.pdf

The Australian Repo Market | Central Clearing of Repos in Australia: A Consultation Paper | Consultations

6 Mar 2015 Consultations
In Australia, repos are generally settled on a DvP model 1 (DvP 1) basis in Austraclear. ... Counterparties to a repo may nevertheless choose to settle on a non-DvP basis.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/australian-repo-market.html

Key Features of Repo CCPs | Central Clearing of Repos in Australia: A Consultation Paper | Consultations

6 Mar 2015 Consultations
In particular, centrally cleared repos typically settle on a DvP 1 basis in a securities settlement facility. ... Euro Repo and GC Pooling. Government Securities Division – DVP Repo and GCF Repo.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/key-features-repo-ccp.html

Operational Incident Management | 2020/21 Assessment of ASX Clearing and Settlement Facilities

9 Mar 2023
2020/21 Assessment of ASX Clearing and Settlement Facilities
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2020-2021/operational-incident-management.html

Standard 10: Exchange-of-value Settlement Systems | Appendix B2.1: ASX Settlement | 2012/13 Assessment of ASX Clearing and Settlement…

9 Mar 2023
the other through an appropriate delivery versus payment (DvP), delivery versus delivery (DvD) or payment versus payment (PvP) settlement mechanism. ... This compares with an average of $28.3 million for an individual DvP settlement instruction for debt
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/asx-settlement/standard-10.html

The Future of the Financial System

7 Dec 2006 Conferences PDF 831KB
RBA Conference Volume 1996
https://www.rba.gov.au/publications/confs/1996/pdf/conf-vol-1996.pdf

Standard 11: Exchange-of-value settlements | Appendix C1. Financial Stability Standards for Central Counterparties | Assessment of ASX…

9 Mar 2023
This compares with an average of $38.2 million for an individual DvP settlement instruction for debt securities in Austraclear. ... Settlement of ASX Clear (Futures) derivatives transactions that involve securities transfers occurs on a DvP Model 1 basis
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2016-2017/asx-central-counterparties/standard-11.html