摘要：On 21 February 2012, the Canadian Derivatives Clearing Corporation (CDCC) launched the first phase of its new central counterparty (CCP) service for the fixed-income market. T he new fixed-income CCP centrally clears repurchase agreements (repos) of securities issued by the Government of Canada and federal Crown corpora-tions. It is part of the Canadian Derivatives Clearing Service (CDCS), which also clears exchange-traded derivatives and certain over-the-counter derivatives. CDCC and financial market par ticipants are now focusing on fur ther developing the fixed-income CCP by expanding the markets it serves
