Trading Canadian Equities
Nasdaq Canada
The Nasdaq Canada exchange operates three trading books for trading all Canadian listed securities.
Trading books for Trading all Canadian listed securities
Choose the trading book that fits your needs
Nasdaq CXC (CXC)
This trading book is a key pool of liquidity in Canada, CXC is a lit book providing clients with a reliable platform for trading Canadian equities, offering the benefits of anonymous or attributed trading and price/broker/time priority.
Nasdaq CX2 (CX2)
The CX2 trading book is designed to provide additional cost savings and trading efficiencies. Through a unique pricing model and broker preferencing functionality, this lit book helps to improve investment performance and to drive positive market structure change. Leveraging Nasdaq’s INET technology and global experience, CX2 benefits investors and issuers alike.
Nasdaq CXD (CXD)
Launched due to customer demand, our CXD trading book provides an alternative source of non-displayed liquidity, which facilitates robust size discovery and price improvement opportunities. CXD delivers price improvement, with trade-at-the-touch opportunities, competitive and low pricing, broker priority, and seamless easy-to-access technology.
Key Benefits
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Order Matching
Nasdaq Canada offers three trading books to meet a variety of trading styles.
Orders are matched based upon price/broker/time priority. -
Order Handling
Industry-standard FIX protocol order entry via third-party and proprietary execution management systems.
Nasdaq Canada offers a range of traditional and specialized order types; order attributes are used to provide flexibility and control to the trader. -
Special Facilities
Odd Lot Trading: Each Nasdaq Canada Trading Book enables Members to trade Odd Lot orders with guaranteed fills for orders that are marked IOC and are immediately marketable against the NBBO.
Guaranteed Execution Facility: Nasdaq CX2 enables Members to receive guaranteed auto-executions of at least the size of the GMV for the residual portion of GEF eligible orders.
Featured Solutions: Canadian Equities Data
Nasdaq Basic Canada
Save over 60% on Canadian Level 1 trade data with 100% volume and ticker coverage of the Canadian markets. Nasdaq Basic Canada includes all trade data from the following Canadian exchange-listed securities:
- Toronto Stock Exchange (TSX)
- TSX Venture Exchange (TSX-V)
- Canadian Securities Exchange (CSE)
- NEO Exchange (NEO)
Nasdaq Canada GLIMPSE™
A complement to the Nasdaq CXC Limited real-time multicast data feed product, Nasdaq Canada GLIMPSE™ is a point-to-point data feed product comprised of a series of sequenced messages. Nasdaq Canada GLIMPSE™ was designed to provide you with a more streamlined recovery process for depth data and infrastructure cost savings.
- Retrieve a current snapshot of the Nasdaq book at any point during the trading day
- Quickly recover from major data gaps or processing issues during the trading day
Videos
Insights
Contact Us
Market |
Market Hours |
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CXC and CX2 |
Monday – Friday, 8:00 a.m. – 5:00 p.m. EST |
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CXD |
Monday – Friday, 9:30 a.m. – 4:00 p.m. EST |
For Questions About |
By Phone or Email |
|---|---|
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Trading Canadian Equities |
Nasdaq Sales team |
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Canadian Equities Data |
Nasdaq Data Sales Team |
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Media Support |
Emily Pan
+1 (646) 441-5120 |
