Canadian Regulator Gives Go-Ahead To Canpx Feed

VENDOR STRATEGIES

The Ontario Securities Commission approved last week a proposed regulation put forth by the Canadian Investment Dealers Association (IDA) that would require interdealer-brokers doing business in Canada to contribute to a feed called Canpx if they want to do business with DA members. The aim is to make the Canadian bond market more transparent.

Canpx will be similar to the U.S.'s Govpx and will not attribute its broker prices. Instead it will accept record-based digital feeds from all brokers

To continue reading...