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Canada’s CCP Helps with CDOR Transition

June 11, 2024 by FTF News

Canada’s CCP Helps with CDOR Transition

The Canadian Derivatives Clearing Corp. (CDCC) has launched a Secured General Collateral (SGC) Notes program, which are short-term discounted money market instruments, to help securities firms and their clients move away from the interest rate benchmark, the Canadian Dollar Offered Rate (CDOR), and the related  Bankers’ Acceptance notes, officials say. In a move similar to… Read More >>

Filed Under: Derivatives Exchanges, Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Back Office, Buy-Side, Clearing, Data Management, Middle-Office, Operational Risk, Risk Management, Back-Office, Regulation & Compliance, Regulatory Enforcement, Regulatory Compliance, Regulatory Reporting Tagged With: automation, back office, Canadian Derivatives Clearing Corp., CDOR, Securities Operations

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