The Canadian Depository for Securities Limited (CDS) is a valued partner to securities market participants, providing reliable, cost-effective depository, clearing, settlement, regulatory and information services. We deliver innovative, value-added solutions that help our stakeholders maintain a competitive capital market in Canada and build a strategic global advantage. CDS is the holding company for four operating subsidiaries: CDS Clearing and Depository Services Inc. (www.cds.ca), CDS Securities Management Solutions Inc. (www.cdssolutions.ca), CDS INC. (www.cdsinc.ca), and CDS Innovations Inc. (www.cdsinnovations.ca).