Canadian Derivatives Clearing Corporation (CDCC)
Sandra Kendall has extensive experience in corporate governance and administration, with a career spanning over two decades. Currently serving as Corporate Secretary at The Canadian Depository for Securities Limited (CDS) since November 2006, and also holding the position of Secretary at TSX Trust and Assistant Corporate Secretary at Canadian Derivatives Clearing Corporation (CDCC) since February 2017 and May 2015, respectively. Previously, Sandra held roles as Assistant Corporate Secretary and Secretary to the Board at CDS from 1997 to 2006. Sandra holds a Diploma in Administration Studies from Centennial College and has completed education at David and Mary Thomson Collegiate Institute.
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Canadian Derivatives Clearing Corporation (CDCC)
Canadian Derivatives Clearing Corporation (CDCC) acts as the central clearing counterparty for exchange-traded derivative products in Canada and for a growing range of financial instruments trading in the over-the-counter (OTC) markets. CDCC's role is to ensure the integrity and stability of the markets that it supports. CDCC occupies a unique space in the Canadian financial markets. Here are the main reasons behind CDCC's exclusive position: - The only integrated central clearing counterparty in North America that clears and settles futures, options and options on futures. - Over thirty-five-year track record as the central clearing counterparty and guarantor of exchange-traded derivative products in Canada. - More than 30 clearing members, including major financial institutions and brokers in Canada.