CDS CLEARING AND DEPOSITORY SERVICES INC.
MATERIAL AMENDMENTS TO CDS PROCEDURES
FINET INTRADAY NETTING
NOTICE OF COMMISSION APPROVAL
In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on November 10, 2009, amendments filed by CDS to its procedures to modify the FINet intraday netting process so that it does not net potentially eligible future value-dated trades. A copy and description of these amendments were published for comment on September 4, 2009 at (2009) 32 OSCB 7070. No comments were received. Subsequent to the publication, it was determined that text should have been removed from section 18.4.2 and not section 18.4.1. The updated procedures reflecting the non-material change will be posted on the CDS web site.