The Canadian Depository for Securities Ltd. (CDS Limited) is the world's second largest post-trade financial services company. It is the

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

for three operating subsidiaries: CDS Clearing and Depository Services Inc., CDS Securities Management Solutions 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 Fixed income refers to any type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example, the borrower may have to pay interest at a fixed rate once a year and repay the pr ...

and money markets, holding almost $4 trillion on deposit, processing over almost 374 million domestic securities trades annually. Internationally, CDS Clearing settles over 41 million cross-border transactions with the U.S. annually, and has custodial relationships with

The Depository Trust Company The Depository Trust & Clearing Corporation (DTCC) is an American financial market infrastructure company that provides clearing (financial), clearing, settlement (finance), settlement and Trade Repository, trade reporting services to financial ...

(DTC), Japan Securities Depository Centre, Inc. (JASDEC), Euroclear France and

Skandinaviska Enskilda Banken Skandinaviska Enskilda Banken AB (; lit. "Scandinavian Private Bank"), abbreviated SEB, is a Swedish bank headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Nor ...

(SEB). CDS Limited is owned b
TMX Group Inc
CDS is regulated by the

Ontario Securities Commission The Ontario Securities Commission (OSC; French language, French: ''Commission des valeurs mobilières de l’Ontario'') is a regulation, regulatory agency which administers and enforces security (finance), securities legislation in the Canadian p ...

, the Autorité des marchés financiers (AMF) in Québec, the British Columbia Securities Commission and the

Bank of Canada The Bank of Canada (BoC; ) is a Crown corporations of Canada, Crown corporation and Canada's central bank. Chartered in 1934 under the ''Bank of Canada Act'', it is responsible for formulating Canada's monetary policy,OECD. OECD Economic Surve ...

, with working and reporting relationships with the Canadian Securities Administrators, other provincial securities commissions and the Office of the Superintendent of Financial Institutions.

References

{{reflist

External links

CDS Clearing and Depository Services Inc.

CDS Securities Management Solutions Inc.

CDS INC.

CDS Innovations Inc.

CDS Limited

CDS Annual Report 2011
Finance in Canada Securities industry in Canada Central securities depositories

See also

References

External links