verdipapiravviklere
Verdipapiravviklere refers to intermediaries or entities authorized to handle the settlement of securities transactions. These entities play a crucial role in the financial market by ensuring that the transfer of ownership of securities and the corresponding payment occur smoothly and efficiently. They act as a bridge between buyers and sellers, or more accurately, between their respective custodians and payment systems.
The primary function of a verdipapiravvikler is to manage the delivery versus payment (DvP) process. This mechanism
In many jurisdictions, these functions are performed by central securities depositories (CSDs) or specialized clearing houses.
The operations of verdipapiravviklere are vital for the liquidity and efficiency of financial markets. They reduce