Canadian Derivatives Clearing Corporation


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Canadian Derivatives Clearing Corporation

An organization in Canada that settles futures and options transactions on the Bourse de Montreal. It is charged with matching orders together, ensuring that delivery is made to the correct party, and collecting margin money. Its previous name was Trans Canada Options.
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Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom a nd other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community.
Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community.
Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community.
MX settles and guarantees contracts through its clearing house, the Canadian Derivatives Clearing Corporation, which is AA rated by Standard and Poor's.
The Montreal Exchange, through its wholly-owned subsidiary, the Canadian Derivatives Clearing Corporation ("CDCC"), provides central counterparty clearing services for Montreal Exchange listed products as well as clearing services for energy products to Clearco Inc.
Montreal Exchange) today announced that its wholly owned subsidiary, Canadian Derivatives Clearing Corporation (CDCC), has been assigned an "AA" rating by Standard & Poor's.
As the Sectorial Futures will be trading on the Exchange's electronic platform and be cleared through the Canadian Derivatives Clearing Corporation, traders will continue to benefit from the added value - transparency, liquidity and access - offered by the Montreal Exchange.
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