CDS And Euroclear Aim To Develop Collateral Management Service For Canada
CDS And Euroclear Aim To Develop Collateral Management Service For Canada Date 02/02/2021 CDS Clearing and Depository Services Inc. (CDS), Canada's equities and fixed income clearing house, and the Canadian Derivatives Clearing Corporation (CDCC), each wholly-owned subsidiaries of TMX Group Limited, today announced a joint initiative with Euroclear to develop a new collateral management service for Canada's capital markets. Under the terms of a Memorandum of Understanding (MOU), CDC, CDCC and Euroclear are working together to develop an automated collateral management service for the dom...