CDS Global Warrants means Warrants representing all or a portion of the aggregate number of Warrants issued in the name of the Depository represented by an Uncertificated Warrant, or if requested by the Depository or the Corporation, by a Warrant Certificate;. Shareholder Loan means any shareholder loan to the Borrower that:.
Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.
Book-Entry Shares has the meaning set forth in Section 3. All content including any links to third party sites is provided for informational purposes only and not for trading purposes , and is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice.
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Data Products. CDS The views, opinions and advice of any third party reflect those of the individual authors and are not endorsed by TMX Group Limited or its affiliates. TMX Group Limited and its affiliates have not prepared, reviewed or updated the content of third parties on this site or the content of any third party sites, and assume no responsibility for such information.
Search for a symbol Search. Powered by TMX Money. Find Quote Search Site. Contact Us. Issuer Services. Data, Consultation, Tax. Data Products. CDS CDS Issuer Services CDS provides significant value in working directly with securities issuers or their appointed agents in support of a variety of aspects of securities issuance, administration, and entitlement processing.
Learn more Custodial services As Canada's national securities depository, CDS manages the safekeeping of depository-eligible domestic and international securities in both electronic and physical certificate form for its participants. Dematerialization Today's rapidly evolving business landscape requires CDS, Canada's national securities depository, to continuously seek out new ways to serve our broad range of clients more efficiently and effectively.
Learn more Entitlements information services Because CDS is the nominee security holder of record for most Canadian securities, transfer agents must provide CDS with primary-source entitlement information from issuers. The Canadian Depository for Securities, Ltd. CDS is Canada's national securities depository, clearing, and settlement hub. It provides reliable and cost-effective depository, clearing , and settlement services for participants of Canada's equity, fixed income, and money markets.
The Canadian Depository for Securities Limited CDS responsibilities include the safe custody and movement of securities, post-trade transactions processing, accurate record-keeping, and the collection and distribution of securities entitlements such as dividends and interest payments. The CDS incorporated in June , in response to rising costs for back-office functions and increased trading volumes in Canadian capital markets.
It handled approximately 6, daily exchange trades in its first year. As the parent company has added capabilities through acquisition, the CDS has remained the primary provider of equities and fixed income clearing and trade settlement services. The firm began clearing equity trades on the Montreal Exchange in and expanded to the Toronto Exchange in The CDS began working with U.
Cross-border clearing and settlement of U. The CDS implemented a clearing system for Canadian bonds and money market instruments in the early s. The move also aimed to reduce credit and market risk, including the risk of a trading counterparty defaulting, and improve capital efficiency.
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