Nasdaq's CXD trading book will provide an alternative source of non-displayed liquidity.
Montréal Exchange intends to introduce the credit derivatives in the first quarter of 2026.
The launch is in partnership with Galaxy Asset Management.
Investors increasingly seek crypto exposure through exchange-listed wrappers.
Making Canadian markets accessible to a global audience is a priority for TSX and Horizon.
New collateral management service enables domestic tri-party repos and is automated from end-to end.
It is widely believed that PFOF is banned in Canada, but that is not exactly the case.
Firms says latency from Nasdaq in Carteret, NJ to TMX is less than 1.940 ms one-way.
Demand is being driven by institutions’ search for natural block liquidity in small- and mid-cap stocks.