CDS CLEARING AND DEPOSITORY SERVICES INC. (CDS®)
TECHNICAL AMENDMENTS TO CDS PROCEDURES
ITP STATS: SUPPLEMENT TRADE DETAILS
NOTICE OF EFFECTIVE DATE
A. DESCRIPTION OF THE AMENDMENTS
Background
Members of the CDS Strategic Development Review Committee (“SDRC”) Debt subcommittee have requested the following enhancements to the ITP Statistics reporting: additional trade details including Broker ID, Investment Councillor code and Registered Rep code will be added to the existing inbound trade and trade confirmation InterLink messages.
The Procedures marked for the amendments may be accessed at the CDS website at:
http://www.cds.ca/cdsclearinghome.nsf/Pages/-EN-UserDocumentation?Open
Description of Proposed Amendments
The following procedures will be impacted by this initiative:
- Trade and Settlement Procedures, Chapter 4 Non-Exchange Trades, Free fund movement using the trade function, Section 4.0
B. REASONS FOR TECHNICAL CLASSIFICATION
The amendments proposed pursuant to this Notice are considered technical amendments as they are matters of a technical nature in routine operating procedures and administrative practices relating to the settlement services.
C. EFFECTIVE DATE OF THE RULE
Pursuant to Appendix A (“Rule Protocol Regarding The Review And Approval Of CDS Rules By The OSC”) of the Recognition and Designation Order, as amended on 1 November, 2006, and Annexe A (“Protocole d’examen et d’approbation des Règles de Services de Dépot et de Compensation CDS Inc. par l’Autorité des marchés financiers”) of AMF Decision 2006-PDG-0180, made effective on 1 November, 2006, CDS has determined that these amendments will be effective on May 5, 2008.
These amendments were reviewed and approved by the CDS SDRC on March 27, 2008.
D. QUESTIONS
Questions regarding this notice may be directed to:
Eduarda Matos
Legal Counsel
The Canadian Depository for Securities Limited
85 Richmond Street West
Toronto, Ontario M5H 2C9
Telephone: 416-365-3567
Fax: 416-365-1984
e-mail: attention@cds.ca
JAMIE ANDERSON
Managing Director, Legal
|
