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Press Releases

The Canadian Depository for Securities Limited (CDS), a wholly-owned subsidiary of TMX Group Limited (TMX Group), this week implemented upgrades to CDS's foundational clearing technology, designed under its post trade modernization initiative (PTM), which includes the replacement of certain legacy systems related to clearing and settlement, as well as depository and entitlement payments.

TMX-CDS has begun an initiative to modernize the critical infrastructure that underpins the Canadian capital markets' clearing, settlement and depository functions.