Insight

  • Mar06 Infographic
    $2.4 Trillion Traded in 2014 - Year in Review - March 06, 2015

    According to Greenwich Associates, 48% of all Canadian fixed-income trading volume is executed electronically, predominantly through CanDeal.1

    We have created a visual graphic of some street-wide metrics that would be of interest to our participants - this document provides a holistic view of our electronic trading business.

    To read more, click on the document below:
    PDF icon 2014-CanDealInfographicRecap.pdf
  • Feb25 Intelligence
    OTC Intelligence - CSA Publishes Proposed National Instrument 94-101 – Mandatory Central Counterparty Clearing of Derivatives - February 25, 2015

    On February 12, 2015, the CSA released for public comment a proposed rule on the subject of mandatory central counterparty (CCP) clearing of over-the-counter (OTC) derivatives in Canada. The Clearing Rule sets out the requirements for implementing in Canada the G20 commitment to require that all standardized OTC derivatives be cleared through CCPs.

    The Clearing Rule is in the form of a National Instrument that will be applied across all jurisdictions in Canada, in contrast to the trade reporting rules which are different across the country and are in various stages of implementation. The Clearing Rule has been shaped by comment letters received by the CSA in response to the draft model rule that was previously published in 2013.

    To read more, click on the document below:
    PDF icon OTCIntelligence-25Feb2015-CSA94-101-MandatoryClearing.pdf
  • Feb18 Intelligence
    OTC Intelligence - Canadian Securities Administrators Consultation Paper 92-401 – Derivatives Trading Facilities - February 18, 2015

    On January 29, 2015, the CSA released for public comment a consultation paper on the subject of trading of over-the-counter (OTC) derivatives in Canada. The paper sets out a policy framework for implementing in Canada the G20 commitment to require that standardized OTC derivatives be traded on exchanges or electronic trading platforms.

    To read more, click on the document below:
    PDF icon OTCIntelligence-18Feb2015-CSAPaper92-401-DTF.pdf
  • Nov06 Intelligence
    OTC Intelligence - Mandatory Platform Trading of Derivatives: U.S. Update - November 06, 2014

    Market participants in the U.S. have spent the better part of the year adjusting to new rules as mandatory trading of a range of OTC derivatives on multilateral trading platforms known as Swap Execution Facilities (SEFs) finally became a reality. This paper briefly summarizes the introduction of the SEF mandatory trading obligation and the made-available-to-trade (MAT) determinations that spell out the derivatives that must now be traded on SEFs.

    To read more, click on the document below:
    PDF icon OTC Intelligence-6November2014-SEF-MAT-Update.pdf
  • Jul03 Intelligence
    OTC Intelligence Derivatives Round Table | Interest Rate Swaps - Summary Report - July 03, 2014

    Financial regulators are re-shaping OTC derivative markets in an effort to reduce systemic risk. Change has been unfolding for more than five years, but the complexity and nuance of the derivative-market reforms are just now being understood. On May 28, 2014, market participants and industry stakeholders gathered in Toronto to share insight, and gain perspective on how to best prepare for these reforms.

    To read more, click on the document below:
    PDF icon OTCIntelligenceRoundTableSummary.pdf

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