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Just to clear this up as I saw confusion, WS Canada uses the CDS for their clearing system not APEX. Proof seen bow when you try to buy an OTC stock. :
Le marché des CDS, ce thermomètre qui donne la fièvre - L'Agefi
C shows that the fluorescence intensity of amphiphilic B-CDs is... | Download Scientific Diagram
Explainer: What are credit default swaps and why are they causing trouble for Europe's banks? | Reuters
Credit default swap - Wikipedia
A brief introduction to OTC credit default swap networks - redacted version | PPT
Swaps de defaut de credit Gestion de l exposition nette dans le transfert de risque de credit - FasterCapital