How do my company’s securities become eligible for the book based system?
The book based system is the term used for the shares that are traded between brokers and other financial institutions within a common depository. The Canadian Depository for Securities (CDS) maintains the book based system in Canada and for a security to become eligible. The security must have an ISIN number and be transferable in physical form by a CDS eligible transfer agent in a city where CDS has an office. There are other requirements for eligibility. For further information, contact the Eligibility Coordinator, Corporate Changes at CDS.