Clearing and Depository Services (CDS) has acknowledged that egX Canada has satisfied the conditions for qualification as a source of exchange trades in the Automated Clearing and Settlement System (CDSX).
Leo Chamberland, president and CEO of egX Group, said: The agreement with CDS satisfies a pre-operating condition contained in the recognition order issued by the British Columbia Securities Commission relating to the clearing and settlement of trades executed on egX Canada. The fulfillment of this requirement brings us one step closer to launching egX and becoming a global securities marketplace designed for the listing and trading of real estate.
