Notice of Technical/Housekeeping Rule Submission – Proposed Amendments to the CDCC Rules and Risk Manual Related to the Introduction of Options on Canadian Depositary Receipts – Canadian Derivatives Clearing Corporation (CDCC)

Market Regulation Document Type
Canadian Derivatives Clearing Corporation rule review

In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and the Canadian Derivatives Clearing Corporation (CDCC), CDCC has submitted to the Commission the proposed amendments to the CDCC Rules and Risk Manual related to the introduction of Options on Canadian Depositary Receipts (CDR).

The purpose of the proposed amendments is to ensure clarity for all market participants with respect to the definition of Security to cover Options on CDR as Securities Options and the risk management aspects of the Options on CDR.

CDCC has determined that the amendments will become effective on February 28, 2025.

The CDCC Notice has been published on CDCC’s website.