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| > Home > FAQs > Clearing and settlement |
| | CDS manages the clearing and settlement of trades in both domestic and cross-border depository-eligible securities. All CDS participants use CDS’s trade clearing and settlement services.
CDS’s domestic clearing and settlement services:
- enable participants to report, confirm or match, reconcile, net and settle exchange traded and over-the-counter (OTC) equity, debt and money market transactions, as well as derivatives transactions in depository-eligible securities
- include related services such as buy-ins, risk controls and reporting
- facilitate trading in CDSX-eligible issues before they are publicly distributed (these settle after public distribution).
CDS’s clearing and settlement services are designed for straight-through (STP) processing that will increase efficiency, reduce risk and lower transaction costs for participants. |
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