Canadian Derivatives Clearing Corporation

(redirected from Trans Canada Options)

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.
References in periodicals archive ?
Trading in VSE-listed Trans Canada Options rose sharply over 1993/94, as the value of contracts traded rose by 66 percent, while the volume of contracts traded crept up only marginally to 184,440.
Value of Trans Canada Options trading doubled over last year to $24.
This brings the number Trans Canada Options classes exclusively traded on the VSE to 20.
18, the VSE added two series of Long-term Equity AnticiPation Securities (LEAPS) to its stable of equity options cleared through Trans Canada Options.