Canadian Derivatives Clearing Corporation
Canadian Derivatives Clearing Corporation (CDCC), a wholly-owned subsidiary of the Montréal Exchange (MX), acts as the central clearing counterparty for exchange-traded derivative products in Canada and for a growing range of customized financial instruments. CDCC's role is to ensure the integrity and stability of the markets that it supports.
CDCC occupies a unique space in the Canadian financial markets. Here are the main reasons behind CDCC's exclusive position:
- The only integrated central clearing counterparty in North America that clears and settles futures, options and options on futures.
- More than thirty-five-year track record as the central clearing counterparty and guarantor of exchange-traded derivative products in Canada.
- More than 30 clearing members, including major financial institutions and brokers in Canada.
