Who We Are
The Canadian Capital Markets Association (CCMA) is a national, federally incorporated, not-for-profit organization, launched in 1999 to identify, analyze and recommend ways to meet the challenges and opportunities facing Canadian and international capital markets.
To enhance the competitiveness of Canada’s capital markets through a forum of industry experts who provide leadership and direction to the investment community.
To communicate, educate and help co-ordinate the different segments of the investment industry on projects and initiatives spanning multiple parts of Canada’s capital markets.
Who We Serve
Participating under the co-ordinating umbrella of the Canadian Capital Market Association (CCMA) are dealers, custodians, asset managers and industry associations, etc.; key securities infrastructure, such as exchanges, The Canadian Depository of Securities (CDS) and Fundserv; back-office service providers and vendors; and other stakeholders (e.g., regulators including SROs).
How We Work
Our Board of Directors, representing the Canadian capital markets and with industry input, determines which cross-investment-industry initiative(s) the CCMA focusses resources on. The issue(s) will determine which industry segments, firms, industry associations, support and other organizations become involved and how. Usually this is done through CCMA committee members.
Countdown to T+2 on Sept. 5, 2017
The CCMA’s 2015-17 resources are dedicated to co-ordinating Canadian efforts to shorten the settlement cycle – the number of days between the date of a trade (T) and the day it settles – when the buyer’s payment for a trade is exchanged for the seller’s securities – to no more than two, or T+2.
August 18, 2016: CSA NI 24-101 Notice and Consultation Paper – Request for Comments by Nov. 16, 2016
July 28, 2016: IIROC Rules Notice 16-0177 Amendments to facilitate the investment industry’s move to T+2 settlement – Request for Comments by Oct. 26, 2016
July 22, 2016: T+2 Preparedness Survey Results
July 18, 2016: Final T+2 Asset List
March 22, 2016: Frequently Asked Questions