The Canadian Depository for Securities Ltd. (CDS Limited) is the world’s second largest post-trade financial services company. It is the holding company for four operating subsidiaries: CDS Clearing and Depository Services Inc., CDS Securities Management Solutions Inc., CDS INC., and CDS Innovations Inc.
CDS Clearing and Depository Services Inc. (CDS Clearing) is Canada's national securities depository, clearing and settlement hub supporting Canada's equity, fixed income and money markets, holding almost $4 trillion on deposit and processing over almost 400 million domestic securities trades annually.
Internationally, CDS Clear ing settles almost 55 million cross-border transactions with the U.S. annually, and has custodial relationships with The Depository Trust Company (DTC), Japan Securities Depository Centre, Inc. (JASDEC), Euroclear France and Skandinaviska Enskilda Banken (SEB).
CDS Limited is owned by TMX Group Inc. CDS is regulated by the Ontario Securities Commission, the Autorité des marchés financiers (AMF) in Québec, the British Columbia Securities Commission and the Bank of Canada, with working and reporting relationships with the Canadian Securities Administrators, other provincial securities commissions and the Office of the Superintendent of Financial Institutions.
Famous quotes containing the words canadian and/or depository:
“We’re definite in Nova Scotia—’bout things like ships ... and fish, the best in the world.”
—John Rhodes Sturdy, Canadian screenwriter. Richard Rossen. Joyce Cartwright (Ella Raines)
“What a wonderful faculty is memory!—the most mysterious and inexplicable in the great riddle of life; that plastic tablet on which the Almighty registers with unerring fidelity the records of being, making it the depository of all our words, thoughts and deeds—this faithful witness against us for good or evil.”
—Susanna Moodie (1803–1885)