FCC to provide clearing services for brokerage business
New clearing house in London will be licensed and operational by the summer of 2013
Deal will create a global leader in multi-asset, multi-venue clearing and risk management services
OSC calls for comments on application and draft order
The AA rating is the highest given to any depository
Clearing and settlement firm will reduce prices by 29% for all exchange and non-exchange trades and trade-for-trade settlements
Beginning Nov. 1, CDS will no longer accept paper cheques for entitlement payments
Two firms are seeking exemptions from the requirement that clearing agencies be recognized by the Ontario Securities Commission.On March 1, 2011, changes to securities legislation will take effect that will prohibit clearing agencies from carrying on business in Ontario unless they are recognized as a clearing agency by the OSC, or are exempt from the […]
Establishes new clearing relationship with ITG Canada
Mandatory recognition for entities that perform central depository, central counter-party, or guarantor functions