CDS

The Canadian Depository for Securities Limited (CDS), a wholly-owned subsidiary of the TMX Group, is a cornerstone of Canada's financial markets. Established in 1970, CDS operates as the country's central securities depository, clearing, and settlement hub. Its primary mission is to provide secure, reliable, and efficient services for the Canadian equity, fixed income, and money markets. CDS holds securities on behalf of its participants and manages the electronic transfer of securities and funds, reducing risk and increasing efficiency in the capital markets.