Notice of Commission Approval - Proposed Amendments to the Default Manual of the CDCC Regarding the Auction Tool Used to Organize a Default Auction During a Default Management Period - Canadian Derivatives Clearing Corporation (CDCC)

Canadian Derivatives Clearing Corporation rule review
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In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and the Canadian Derivatives Clearing Corporation (CDCC), the Commission approved on February 8, 2024 the amendments to the CDCC Default Manual with respect to the implementation of an auction tool used to organize a Default Auction during a default management period.

For further details, please see the Request for Comments Notice published on CDCC’s website on November 15, 2023.