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Possible Answers:
CDS.
Last seen on: NY Times Crossword 22 Jan 23, Sunday
Random information on the term “CDS”:
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The Canadian Depository for Securities Ltd. (CDS Limited) is the world’s second largest post-trade financial services company. It is the holding company for three operating subsidiaries: CDS Clearing and Depository Services Inc., CDS Securities Management Solutions Inc., and CDS Innovations Inc.
CDS Clearing and Depository Services Inc. (CDS Clearing) is Canada’s national securities depository, clearing and settlement hub supporting Canada’s equity, fixed income and money markets, holding almost $4 trillion on deposit, processing over almost 374 million domestic securities trades annually.
Internationally, CDS Clearing settles over 41 million cross-border transactions with the U.S. annually, and has custodial relationships with The Depository Trust Company (DTC), Japan Securities Depository Centre, Inc. (JASDEC), Euroclear France and Skandinaviska Enskilda Banken (SEB).