{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/CBOE-CANADA/ZV",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# VISA (V) BMO CDR (CAD HEDGED) (Cboe Canada: ZV) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is VISA (V) BMO CDR (CAD HEDGED), listed on Cboe Canada under ticker ZV. The ISIN and LEI are not on the record, as no ISIN was found on issuer pages. The security type is CDR (depositary receipt). The segment, sector and jurisdiction are not on the record. The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 0 filings in the window from 2025-11-06 to 2026-11-06, across 0 filing days. The median gap between filing days is not on the record. The latest filing date is not on the record, and the latest filing type is not on the record. The exchange median cadence gap is 20.0 days, the exchange median filings count is 0, and the exchange median latency is 14.0 days, across 397 issuers on Cboe Canada. Sector peer figures are not on the record.\n\n## Auditor\n\nThe auditor of record is not on the record, as the security is a fund or receipt and was not searched. The auditor location is not on the record, and the record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, name change, domicile change or segment move lines. The halt flag is: listed, not halted.\n\n## Orderability\n\nUnder paragraph (o) of the definition, the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 31 research houses: Argus Research, Autonomous Research, Baird, Baptista Research, Barclays, Bloomberg, Cleveland Research Company, Equisights, Evercore ISI, Exane BNP Paribas, FT Partners, Keefe, Bruyette & Woods, Loop Capital, Macquarie Research, Mizuho Securities, Monness, Crespi, & Hardt, Morgan Stanley, Morningstar, Oppenheimer & Co., Piper Sandler & Co., Raymond James, RBC Capital Markets, Rothschild & Co., Seaport Securities, Susquehanna Financial Group, TD Cowen, Truist Securities, UBS Securities, Wells Fargo Securities, William Blair & Company, and Wolfe Research.\n\n## Open research\n\nThe record holds no openly published research notes for the issuer. None was found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n6 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www-api.cboe.com/ca/equities/listing-directory-data/ (identity.exchange)\n- https://mcp.ca-cm-kg.ai/events/CBOE-CANADA/ZV (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://investor.visa.com/stock-information/analyst-coverage/ (coverage)\n- https://mcp.ca-cm-kg.ai/record/CBOE-CANADA/ZV (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "CA",
    "reason": "not searched (fund/receipt security)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/CBOE-CANADA/ZV",
  "coverage": {
   "count": 31,
   "houses": [
    {
     "analyst": "Steve Biggar",
     "house": "Argus Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Kenneth Suchoski",
     "house": "Autonomous Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "David Koning",
     "house": "Baird",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Ishan Majumdar",
     "house": "Baptista Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Nik Cremo",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Diksha Gera",
     "house": "Bloomberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Dusing",
     "house": "Cleveland Research Company",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Parth Talsania",
     "house": "Equisights",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Adam Frisch",
     "house": "Evercore ISI",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Alexandre Faure",
     "house": "Exane BNP Paribas",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Trevor Williams",
     "house": "FT Partners",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Sanjay Sakhrani",
     "house": "Keefe, Bruyette & Woods",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Dominick Gabriele",
     "house": "Loop Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Paul Golding",
     "house": "Macquarie Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Dan Dolev",
     "house": "Mizuho Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Gus Gala",
     "house": "Monness, Crespi, & Hardt",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "James Faucette",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Brett Horn",
     "house": "Morningstar",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Rayna Kumar",
     "house": "Oppenheimer & Co.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Bill Carcache",
     "house": "Piper Sandler & Co.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Madison Suhr",
     "house": "Raymond James",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Dan Perlin",
     "house": "RBC Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "house": "Rothschild & Co.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Jeff Cantwell",
     "house": "Seaport Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "James Friedman",
     "house": "Susquehanna Financial Group",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Bryan Bergin / Moshe Orenbuch",
     "house": "TD Cowen",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Matthew Coad",
     "house": "Truist Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Tim Chiodo",
     "house": "UBS Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Jason Kupferberg",
     "house": "Wells Fargo Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Jeffrey",
     "house": "William Blair & Company",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Darrin Peller",
     "house": "Wolfe Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investor.visa.com/stock-information/analyst-coverage/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://investor.visa.com/stock-information/analyst-coverage/",
     "result": "read: 31 of 32 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 397,
     "median_cadence_gap_days": 20,
     "median_filings": 0,
     "median_latency_days": 14,
     "name": "Cboe Canada"
    },
    "sector": {
     "market": "CA",
     "state": "not_on_record"
    }
   },
   "by_type": {},
   "cadence_median_gap_days": null,
   "filing_days": 0,
   "filings": 0,
   "latency_days": null,
   "latest": [],
   "latest_filing_date": null,
   "note": "no disclosure line on the record for this issuer in the window",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/CBOE-CANADA/ZV",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "cboe.com listing-directory API (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www-api.cboe.com/ca/equities/listing-directory-data/",
    "state": "sourced",
    "value": "Cboe Canada"
   },
   "isin": {
    "market": "CA",
    "reason": "no ISIN found on issuer pages",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "market": "CA",
    "reason": "not searched (fund/receipt security)",
    "state": "not_on_record"
   },
   "lei": {
    "market": "CA",
    "reason": "no ISIN",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "cboe.com listing-directory API (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www-api.cboe.com/ca/equities/listing-directory-data/",
    "state": "sourced",
    "value": "VISA (V) BMO CDR (CAD HEDGED)"
   },
   "sector": {
    "market": "CA",
    "reason": "exchange list carries no sector",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": null,
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": null,
    "state": "sourced",
    "value": "CDR (deprcpt)"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "cboe.com listing-directory API (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www-api.cboe.com/ca/equities/listing-directory-data/",
    "state": "sourced",
    "value": "ZV"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:9d6ea7f3c5dbe0d0bff0191b5e418c83d6c3922c731e79cb2c57e66e52d94135",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/CBOE-CANADA/ZV",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:9d6ea7f3c5dbe0d0bff0191b5e418c83d6c3922c731e79cb2c57e66e52d94135",
 "path": "/ca/CBOE-CANADA/ZV",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is VISA (V) BMO CDR (CAD HEDGED), listed on Cboe Canada under ticker ZV. The ISIN and LEI are not on the record, as no ISIN was found on issuer pages. The security type is CDR (depositary receipt). The segment, sector and jurisdiction are not on the record. The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 0 filings in the window from 2025-11-06 to 2026-11-06, across 0 filing days. The median gap between filing days is not on the record. The latest filing date is not on the record, and the latest filing type is not on the record. The exchange median cadence gap is 20.0 days, the exchange median filings count is 0, and the exchange median latency is 14.0 days, across 397 issuers on Cboe Canada. Sector peer figures are not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, as the security is a fund or receipt and was not searched. The auditor location is not on the record, and the record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting, name change, domicile change or segment move lines. The halt flag is: listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under paragraph (o) of the definition, the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 31 research houses: Argus Research, Autonomous Research, Baird, Baptista Research, Barclays, Bloomberg, Cleveland Research Company, Equisights, Evercore ISI, Exane BNP Paribas, FT Partners, Keefe, Bruyette & Woods, Loop Capital, Macquarie Research, Mizuho Securities, Monness, Crespi, & Hardt, Morgan Stanley, Morningstar, Oppenheimer & Co., Piper Sandler & Co., Raymond James, RBC Capital Markets, Rothschild & Co., Seaport Securities, Susquehanna Financial Group, TD Cowen, Truist Securities, UBS Securities, Wells Fargo Securities, William Blair & Company, and Wolfe Research.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds no openly published research notes for the issuer. None was found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "6 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www-api.cboe.com/ca/equities/listing-directory-data/"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/CBOE-CANADA/ZV"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://investor.visa.com/stock-information/analyst-coverage/"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/CBOE-CANADA/ZV"
  }
 ],
 "title": "VISA (V) BMO CDR (CAD HEDGED) (ZV) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}