Canadian Derivatives Exchange*

Overview

The Montréal Exchange (MX), Canada's oldest exchange, is a fully electronic exchange dedicated to the development of the Canadian derivative markets. Our products are tailored to meet our domestic and international clients’ expanding needs in risk management.

A complete line of integrated services

As the sole financial derivatives exchange in Canada, MX today exerts its leadership in the following areas of expertise:

  • Financial derivatives markets
  • Clearing services (CDCC)
  • Data analytics (Datalinx)
  • Information technology solutions

Unique risk management products

The market for exchange-traded derivatives is one of the strongest segments of the broader financial risk management industry worldwide. MX offers individual and institutional investors, both in Canada and abroad, a wide range of risk management products for protecting their investments and ensuring growth.

MX currently lists:

Reliable, flexible and advanced trading technologies

Advanced electronic trading software plays a key role in the development of financial exchanges worldwide. MX markets are supported by reliable, flexible and advanced trading technologies. As a dynamic institution with a proven capacity to innovate, MX has developed and completed a proprietary "next generation" trading system called SOLA®.

Top-rated clearing services

MX clearing house, the Canadian Derivatives Clearing Corporation (CDCC), provides central counterparty clearing services to participants. CDCC, who rigorously manages risk exposures, continues to distinguish itself by upholding a top investment rating and a strong reputation. Recently, CDCC completed regulatory rule changes allowing the clearing house to offer risk management services to partners in the OTC market.

A growing number of market participants

MX market liquidity is on the rise. This growth is driven by the increased appetite of traders and investors from a growing list of countries for exposure to derivative instruments. More than 90 approved participants from London, New York, Chicago, and Montréal now connect directly to MX electronic trading system.