Nasdaq Canada
The Nasdaq Canada exchange operates three 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.
Why Choose Nasdaq Canada?
Order Matching
Nasdaq Canada offers three trading books to meet a variety of trading styles. Orders are matched based upon price/broker/time priority.
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.
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.
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 Products
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), and 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 and quickly recover from major data gaps or processing issues during the trading day.
Related Products
Nasdaq Canada: Midpoint Extended Life Order (M-ELO)
Uniting like-minded counterparties with longer-term investment horizons.
Learn MoreNasdaq Basic Canada
Nasdaq Basic Canada is an accurate, cost-effective alternative for Canadian equities data.
Learn MoreNasdaq Canada Pricing
Nasdaq Canada Trading, Market Data and Other fees
Learn MoreNasdaq Canada Advanced Orders
Variety of advanced order types to provide flexibility to meet the trading strategies of different market participants.
Learn MoreNasdaq Canada Smart Router
Fully customize your orders with smart routing.
Learn MoreNasdaq Canada Controls
Nasdaq Canada offers a variety of tools to help market participants manage risk.
Learn MoreNasdaq Canada Guaranteed Execution Facility
Nasdaq Canada offers a guaranteed execution facility on its CX2 trading book.
Learn MoreNasdaq Canada Connectivity
Nasdaq offers cost-effective, fast, flexible, reliable connectivity to Nasdaq Canada.
Learn MoreNasdaq Canada Monthly Reports
News and updates related to Nasdaq CXC and Nasdaq CX2.
Explore ReportsNasdaq Canada Notices
News and updates related to Nasdaq CXC and Nasdaq CX2.
Explore NoticesNasdaq Canada Holiday Calendar
CXC | CX2 | CXD
View the Holiday CalendarResource Center
Contact Us
Market Hours
- CXC and CX2: Monday – Friday, 8:00 a.m. – 5:00 p.m. EST
- CXD: Monday – Friday, 9:30 a.m. – 4:00 p.m. EST
Trading Canadian Equities
Nasdaq Sales Team
ca.sales@nasdaq.comTrading Operations
Nasdaq Operations
+1 (888) 310-1560 ca.operations@nasdaq.comCanadian Equities Data
Nasdaq Data Sales Team
datasales@nasdaq.comMedia Support
Emily Pan
+1 (646) 441-5120 Emily.Pan@nasdaq.com