BROWSE

Canadian Depository For Securities Limited (CDS)

What is 'Canadian Depository For Securities Limited - CDS'

Canada's national securities depository, clearing and settlement hub. The Canadian Depository for Securities Limited, widely known by its acronym CDS, provides reliable and cost-effective depository, clearing and settlement services to participants in Canada's equity, fixed income and money markets. It was incorporated in June 1970, in response to rising costs for back-office functions and increased trading volumes in the Canadian capital market. CDS holds over $3.5 trillion on deposit, and handles more than 360 million domestic and cross-border securities trades annually.

Explaining 'Canadian Depository For Securities Limited - CDS'

CDS's responsibilities include the safe custody and movement of securities, post-trade transactions processing, accurate record-keeping and the collection and distribution of securities entitlements such as dividends and interest payments. CDS is regulated by the securities commissions of Ontario and Quebec, and the Bank of Canada.


Further Reading


Accessing Canadian federal information: a depository program for the twenty-first century?
www.tandfonline.com [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …

How important is precautionary saving?How important is precautionary saving?
www.mitpressjournals.org [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …

Unemployment risk and precautionary wealth: Evidence from households' balance sheetsUnemployment risk and precautionary wealth: Evidence from households' balance sheets
www.mitpressjournals.org [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …

Bank failures and the cost of systemic risk: Evidence from 1900 to 1930Bank failures and the cost of systemic risk: Evidence from 1900 to 1930
www.sciencedirect.com [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …

Financing the American Corporation: The Changing Menu of Financial Rela-tionshipsFinancing the American Corporation: The Changing Menu of Financial Rela-tionships
www.nber.org [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …

Repo Agreements and Re BBS Inc. and AMCRepo Agreements and Re BBS Inc. and AMC
heinonline.org [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …

Inter‐corporate ownership and diversification in the Canadian economy 1976‐1995Inter‐corporate ownership and diversification in the Canadian economy 1976‐1995
www.emerald.com [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …

An economic analysis of bank-issued market-indexed certificate of deposit–an option pricing approachAn economic analysis of bank-issued market-indexed certificate of deposit–an option pricing approach
www.inderscienceonline.com [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …

CDS pricing and accounting disclosures: Evidence from US bank holding corporations around the recent financial crisisCDS pricing and accounting disclosures: Evidence from US bank holding corporations around the recent financial crisis
www.sciencedirect.com [PDF]
… 'Connecting with Canadians' has become a major preoccupation of … The next few months will prove crucial. As the Canadian government attempts once more to deal with conflicting demands on its limited funding, Canada's Depository Services Program will inevitably come …



Q&A About Canadian Depository For Securities Limited (CDS)


What do they hold on deposit?

They hold stocks, bonds, mutual funds etc..

What does CDS provide?

CDS provides reliable and cost-effective depository, clearing and settlement services to participants in Canada's equity, fixed income and money markets.

How long has CD been around for?

Since June 1967 when it was incorporated under the Companies Act of Ontario.

What is the name of the company?

Canadian Depository for Securities Limited (CDS).

How many trades does CDS process annually?

Over 36 million trades are processed by CDS each year.

Where is CDS based?

CDS is based in Toronto, Ontario.

Who regulates CDS?

The securities commissions of Ontario and Quebec, as well as the Bank of Canada regulate CDS.

How much on deposit does CD have at any given time?

Over $3.5 trillion dollars are held by CD at any given time.

Leave a Reply

Your email address will not be published. Required fields are marked *