CANADIAN DERIVATIVES CLEARING CORPORATION - CDCC

The central clearing counterparty for exchange-traded obtained goods and assets, like futures and options, in Canada. The CDCC or also called as Canadian Derivatives Clearing Corporation plays as the clearinghouse for an increasing domain of over-the-counter monetary instruments including foreign exchange and steady income, and in North America this is the sole combined central clearing counterparty that futures and options on futures, settles and clears options. Montreal Exchange has a completely-owned subsidiary which is the CDCC.