Clearing and settlement firm will reduce prices by 29% for all exchange and non-exchange trades and trade-for-trade settlements
Beginning Nov. 1, CDS will no longer accept paper cheques for entitlement payments
Two firms are seeking exemptions from the requirement that clearing agencies be recognized by the Ontario Securities Commission.On March 1, 2011, changes to securities legislation will take effect that will prohibit clearing agencies from carrying on business in Ontario unless they are recognized as a clearing agency by the OSC, or are exempt from the […]
Establishes new clearing relationship with ITG Canada
Mandatory recognition for entities that perform central depository, central counter-party, or guarantor functions
The establishment of Fidelity Clearing Canada means there are now four major players — and another has plans to join the game
Distribution of rebates to be based on the type, volume of each customer’s business
Hold period drop to four days once electronic cheque imaging is fully integrated into the clearing process