Notice of Material Rule Submission - Proposed Amendments to the Rules, Operations Manual and Risk Manual of the CDCC to Move to T+1 Settlement - Canadian Derivatives Clearing Corporation (CDCC)

Canadian Derivatives Clearing Corporation rule review
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CDCC has submitted to the Commission proposed amendments to the CDCC Rules, Operations Manual, and Risk Manual to move to T+1 Settlement. 

In light of the industry-wide initiative to migrate to a standard T+1 settlement cycle, the purpose of the proposed amendments, which are subject to Commission approval, is to allow for a successful migration to T+1 settlement on May 27, 2024.

The proposed amendments have been posted for public comment on CDCC’s website. The comment period ends on January 18, 2024.