Dvp

Discussion in 'Professional Trading' started by tula, Feb 29, 2004.

  1. tula

    tula

    Looking around for a new Broker I have encountered the term DVP which says nothing to me.

    Can someone explain the term DVP.

    thanks,

    Tula
     
    #1     Feb 29, 2004
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  2. Joetrader

    Joetrader

    And it means nothing to you unless you have a couple million laying around and intend to open a prime brokerage account directly with a clearing firm.
     
    #2     Feb 29, 2004
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  3. Banjo

    Banjo

    Delivery vs. payment, re: accnt settlements. As Joe said don't think about it.
     
    #3     Feb 29, 2004
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