National Instrument 24-101 Institutional Trade Matching Statement and Settlement came into force April 1, 2007. NI 24-101 provides a framework in Canadian securities legislation for ensuring more efficient, timely processing and settlement of institutional trades. CDS participants are required to provide trading counterparties with a written statement signed by a senior executive officer that confirms they have in place processes and procedures that allow matching within prescribed limits.
HSBC Bank Canada Trade Matching Statement
If you require additional information on National Instrument, please contact your relationship manager or institutional salesperson.