ITALY: Monte Titoli Introduces DVP Issuance

Monday November 27 2017

On 24^th November 2017, Monte Titoli has amended the Delivery Versus Payment procedures on the exchange.

Monte Titoli has attempted to minimise the technological impact on market participants of DVP by introducing the following:

• The Implemention of a new module on MT-X for managing and controlling placement through DVP;
• The use of the current DVP regulation features offered by T2S;
• The use of RNI messaging (7B1, 7B2, 7B3) for notification of Issuance transactions, after appropriate adaptation

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