Notice of Technical/Housekeeping Rule Submission – Proposed Amendments to the CDCC Rules to Introduce Options on Closed-End Funds – Canadian Derivatives Clearing Corporation (CDCC)
In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and the Canadian Derivatives Clearing Corporation (CDCC), CDCC has submitted to the Commission the proposed amendments to the CDCC Rules related to the introduction of Options on Closed-End Funds (CEFs).
The proposed amendments broaden the definition of the underlying interest of Securities Options to include CEFs.
CDCC has determined that the amendments will become effective on August 29, 2025.
The CDCC Notice has been posted on CDCC’s website.