As well, the Canadian Depository for Securities has been pushing to be able to hold negotiable money market instruments in its depository and to be able to make book entry ownership transfers as soon as possible, a far more efficient process, it believes, than having to take physical possession of the instrument.
The Canadian Depository for Securities doesn't have the bandwidth to handle physical possession of Money Market instruments.
Since the physical possession of Money Market instruments is currently in place and is in need to be replaced, they are currently handling it.
( z1 have :polarity - :ARG0 ( z2 government-organization :name ( z3 name :op "Canadian" :op "Depository" :op "for" :op "Securities" ) ) :ARG1 ( z4 bandwidth :purpose ( z5 handle :ARG0 z2 :ARG1 ( z6 possess :ARG0 z2 :ARG1 ( z7 instrument :mod ( z8 market :mod ( z9 money ) ) ) :mod ( z10 physical ) ) ) ) )