In a new step towards the development of the Latin American Integrated Market (MILA), and in continuous search to improve the current processes, Depósito Central de Valores (DCV) reports that as of this date the DVP (Delivery versus Payment) settlement alternative is available for Participants for securities purchase and sale operations taking place in the Mexican market; the above, in coordination with our custodian S.D. Indeval (the Mexican securities depository).
This new settlement alternative that is made available for the integrated market will help to significantly reduce the risks associated with settlement and improve the standards for the operations within the MILA context. We are confident that other participants of MILA will soon join this settlement modality.
Details of this new model are included in the new MILA guide, which can be downloaded from the accompanying link.
In the event of requiring further information on the service, please contact Deposito Central de Valores (DCV) Commercial Area at the email
|