15 juillet 2015 (TORONTO) – Le conseil d’administration de l’Association canadienne des march\u00e9s des capitaux (ACMC) a le plaisir d’annoncer la nomination de Keith Evans en tant que directeur ex\u00e9cutif. M. Evans repr\u00e9sentera la CCMA dans la coordination d’un effort \u00e0 l’\u00e9chelle de l’industrie pour raccourcir le cycle de r\u00e8glement de titres de la p\u00e9riode de trois jours en cours, ou T + 3, pour une p\u00e9riode de deux jours, ou T + 2.<\/p>\n
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In recent years, the global financial industry has taken measures to mitigate operational and systemic risk in capital markets. The move to settle trades more quickly is designed to reduce margin and liquidity needs during times of economic volatility and lessen credit and counterparty exposure.\u00a0 European markets have successfully shifted to T+2 and U.S. markets have committed to moving to T+2 in Q3, 2017. Canada has committed to meeting the same target and timelines as the US.<\/p>\n
\u201cCanada and the U.S. enjoy the most robust cross-border securities trading environment in the world,\u201d said Mr. Evans. \u201cI\u2019m looking forward to helping to facilitate a smooth transition to T+2 and to ensuring our participants remain competitive on the global stage.\u201d<\/p>\n
Mr. Evans is a senior operations executive in the financial services industry, with extensive experience in clearing and settlement, corporate actions and project management. He most recently worked for The Canadian Depository for Securities Limited (CDS) as Executive Director, Operations.<\/p>\n
For more information about CCMA, please visit our site: www.ccma-acmc.ca<\/a><\/p>\n \u00a0<\/strong>About CCMA<\/strong><\/p>\n The Canadian Capital Markets Association (CCMA) is a federally incorporated, not-for-profit organization, launched to identify, analyze and recommend ways to meet the challenges and opportunities facing Canadian and international capital markets.\u00a0 Its goal is to enhance the competitiveness of Canada’s capital markets through a forum of industry experts who provide leadership and direction to the investment community \u2013 particularly for initiatives requiring coordinated action across the entire Canadian securities industry.<\/p>\n The CCMA\u2019s initial mandate in 2000 was to facilitate the Canadian securities industry\u2019s overall preparedness to implement straight-through-processing (STP) strategies and promoting efficient and timely trade-date matching among capital market participants.\u00a0Now that the U.S. is planning to implement T+2 in Q3, 2017, the need for industry-wide coordination is again paramount, with Canada committed to meeting the same target and timeline.<\/p>\n The CCMA’s\u00a0current members are:<\/p>\n Canadian Bankers Association (CBA)<\/a><\/p>\n Investment<\/a> Industry\u00a0Regulatory Organization of Canada (IIROC)<\/u><\/p>\n