The Canadian Depository for Securities Limited (CDS)

The Canadian Depository for Securities Limited (CDS) is a wholly-owned subsidiary of the TMX Group and is the central hub for the clearing and settlement of securities transactions in Canada. As a critical financial market infrastructure, its mission is to enhance the efficiency and mitigate the risk of Canada's capital markets. CDS provides reliable and cost-effective depository, clearing, and settlement services for the vast majority of all equity, fixed income, and money market trades in Canada, holding trillions of dollars of securities on behalf of its participants.