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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

July 31, 2014
167-14 – Margin Parameters for Fixed Income Securities Read more

July 31, 2014
166-14 – Self-Certification - Amendment to the Risk Manual of CDCC - Modification to the Three-Month Canadian Bankers’ Acceptance Futures (BAX) Contract Margin Methodology Read more

July 31, 2014
165-14 – Fixed Income Securities Eligible for Trading Read more

July 29, 2014
164-14 – Request for Comments - Amendments to the Risk Manual of the Canadian Derivatives Clearing Corporation to Address the Concentration Risk Read more

July 29, 2014
163-14 – Request for Comments - Amendments to the Operations Manual and Risk Manual of the Canadian Derivatives Clearing Corporation to Address Mismatched Settlement Risk in the Margin Calculation Read more