National Instrument 24-101

Efficient Trade Monitoring and Settlement

Like its peers and partners who make investments on the Canadian market, the Caisse agreed to comply with National Instrument 24-101 in the fall of 2007.The Caisse has established, maintains and enforces policies and procedures designed to achieve matching in accordance with this National Instrument.
 
Issued by the Canadian Securities Administrators (CSA), this instrument is aimed at ensuring more efficient and quicker processing and settlement of institutional trades in Canada. Its focus is to ensure that by 2010 all parties involved in a financial trade, both on the sell side and the buy side, confirm the terms on the same day as the trade is executed. 
 
National Instrument 24-101 – Institutional Trade Matching and Settlement and its Companion Policy 24-101CP apply to all participants in an institutional trade on liquid Canadian markets.