Converge
Brochure

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.

Latest Notices

November 27, 2014
221-14 – Re-Introduction of an ETF Option Class - Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (HOU) Read more

November 25, 2014
220-14 – Request for Comments - Amendments to the Rules, Operations Manual, Risk Manual and Default Manual of the Canadian Derivatives Clearing Corporation to Address the Clearing Fund Framework Read more

November 25, 2014
219-14 – Request for Comments - Amendment to the Risk Manual of the Canadian Derivatives Clearing Corporation to Address the Stress Testing Framework Read more

November 25, 2014
218-14 – Request for Comments - Amendment to the Operations Manual and the Risk Manual of the Canadian Derivatives Clearing Corporation to Address its Intra-Day Variation Margin Exposure Read more

November 25, 2014
217-14 – Request for Comments - Amendment to the Rules and the Risk Manual of the Canadian Derivatives Clearing Corporation to Address the Collateral Framework Read more