OSC STAFF NOTICE OF REQUEST FOR COMMENT
CDCC CANADIAN DERIVATIVES CLEARING
AMENDMENTS TO THE OPERATIONS MANUAL AND
THE RISK MANUAL TO ADDRESS ITS INTRA-DAY
VARIATION MARGIN EXPOSURE
The Ontario Securities Commission is publishing for public comment the proposed amendments to the Operations Manual and Risk Manual of CDCC. The purpose of the proposed amendment is to implement a new risk framework to ensure compliance with PFMI requirements (principle 6) in order to manage its intra-day variation margin exposure.
A copy of the CDCC notice is published on our website at http://www.osc.gov.on.ca.