The Canadian Depository for Securities Ltd. (CDS Limited) is the world’s second largest post-trade financial services company. It is the holding company for four operating subsidiaries: CDS Clearing and Depository Services Inc., CDS Securities Management Solutions Inc., CDS INC., and CDS Innovations Inc.
CDS Clearing and Depository Services Inc. (CDS Clearing) is Canada's national securities depository, clearing and settlement hub supporting Canada's equity, fixed income and money markets, holding over $3.7 trillion on deposit and processing over 320 million domestic securities trades annually.
Internationally, CDS Clear ing settles almost 40 million cross-border transactions with the U.S. annually, and has custodial relationships with The Depository Trust Company (DTC), Japan Securities Depository Centre, Inc. (JASDEC), Euroclear France and Skandinaviska Enskilda Banken (SEB).[1]
CDS Limited is owned by major Canadian chartered banks, the Investment Industry Regulatory Organization of Canada and the TMX group Inc., CDS is regulated by the Ontario Securities Commission, the Autorité des marchés financiers (AMF) in Québec and the Bank of Canada, with working and reporting relationships with the Canadian Securities Administrators, other provincial securities commissions and the Office of the Superintendent of Financial Institutions.