|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.
CDS-eligible securities are held by CDS or transfer agents and registered in CDS’s nominee name (CDS & Co). Once the electronic or physical securities are deposited with CDS, CDS enters them into a ledger and they trade electronically.
More than 88,000 equity and debt security issues are eligible for deposit at CDS. Of these, 60 per cent are Canadian issues and 40 per cent foreign, mostly U.S. About 200 issues are interlisted on two or more exchanges.
For more detailed information about how to make securities eligible for deposit or related issues, go to the User Documentation Library and using the left-hand navigation panel, select CDSX Procedures and User Guide, Issue activities section.
Depository-eligible securities include:
- common and preferred shares
- corporate, federal, provincial and municipal bonds
- Canada savings bonds and premium bonds
- Treasury bills
- bearer deposit notes
- bankers’ acceptances
- commercial paper
- rights, warrants, units
- strip bonds, coupon receipts and packages
- mortgage and other asset-based securities
- exchange-traded options
- exchange-traded funds
- index-linked notes
- instalment receipts
- certificates of deposit
- American depositary receipts
- limited partnerships.