Canadian Dealers Plan Own Version Of U.S.'s GovPx


To make the Canadian government bond market more transparent, the Canadian Investment Dealers Association (IDA) is developing CanPx, a Canadian version of the U.S.'s GovPx. The IDA is currently waiting on regulatory approval from the Ontario Securities Commission (OSC). If a rule to require interdealer-brokers to provide their feeds to CanPx is approved by the OSC, Dow Jones Telerate will build, manage and distribute the consolidated data feed with data from eight interdealer-brokers.

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