Securities and Derivatives Clearing Houses Designated under Part II of the Payment Clearing and Settlement Act

The Payment Clearing and Settlement Act (the “Act”) aims to promote the stability and efficiency of the Canadian financial system. Under Part II of the Act, the Minister of Finance may designate an entity as as a securities and derivatives clearing house if the Minister is of the opinion it is in the public interest to do so and the entity provides clearing and settlement services to its clearing members in respect of transactions that involve securities or derivatives.

• Canadian Derivatives Clearing Corporation
• CDS Clearing and Depository Services Inc.
• Chicago Mercantile Exchange Inc.
• ICE NGX Canada Inc.

Note: although WCE Clearing Corporation (Winnipeg Commodity Exchange) is listed as a designated securities and derivatives clearing house under Part II of the Act, it was acquired by Intercontinental Exchange in 2007.