More time.
More opportunities.

Find out how MX extended trading hours can help investors diversify portfolios and manage risk.

Start your Canadian trading day earlier with new extended hours

As capital markets become more globally connected, institutional investors want the availability of round-the-clock trading to better manage risk and diversify their portfolios. In 2018, Montréal Exchange (MX) extended trading hours to meet demand for Canadian derivatives from investors in Europe. Later this year, MX will also start offering investors in Asia Pacific an opportunity to trade Canadian listed derivatives in their local time.

With extended trading hours, investors can better hedge and manage risk while executing cross-market strategies almost 24 hours a day. They can also benefit from enhanced market liquidity, greater price transparency and frictionless trading on a global marketplace. That's the MX advantage.

Extended hours for frictionless trading on a global marketplace

ALMOST
24h
A DAY

Why Trade on Montréal Exchange

Montréal Exchange allows investors access to exchange-traded derivatives in Canada, supported by its proprietary trading technologies and clearing infrastructure. Its trading solutions help investors focus on margin optimization and risk management, meeting increasing demand for capital efficiency.

By extending trading hours on MX, international investors can capitalize on frictionless trading and portfolio diversification opportunities almost 24 hours a day.


Key Features

Trade Efficiently
Make swift changes to duration profiles in local time through a fully electronic platform.
Hedge Risk
Use Canadian fixed income and index futures to execute relative value trades against other yield curves and global indices.
Access Value
Profit from changes in the Canadian yield curve and reduce execution risk through listed fixed income curve strategies.
Gain Exposure
Access cost-effective, synthetic exposure to Canadian fixed income or equity markets using futures.
Deploy Leverage
Employ exchange-traded derivatives to achieve yield enhancement.

Trading Hours

Our extended trading hours will provide investors more opportunities to trade Canadian derivatives, hedge risk and optimize portfolios, in their local time and when it's convenient for them.

Investors from around the world can begin trading on the Montréal Exchange at the same time as their local exchange hours:

  • SINGAPORE / HONG KONG FROM 9:00 a.m. Local Time (Coming Soon)
  • SEOUL / TOKYO FROM 9:00 a.m. Local Time (Coming Soon)
  • SYDNEY FROM 10:00 a.m. Local Time (Coming Soon)
  • LONDON / FRANKFURT FROM 8:00 a.m. Local Time

Interested in Learning More?

Please fill in your contact information to receive updates from MX.

Services

Montréal Exchange offers the same level of services and trading experience for the full length of the trading day, regardless of the time, including continuous support (trading and connectivity).

Trading

Electronic access
Crosses & prearranged transactions
Block trades
Block trades priced at a Basis to Index Close (BIC)
Exchange for Physical (EFP) / Exchange for Risk (EFR)
Basis Trade on Close (BTC)

Clearing

The Canadian Derivatives Clearing Corporation (CDCC) has developed a robust and flexible clearing framework to support the extension of trading and clearing hours. In line with Principles for Financial Market Infrastructures (PFMI) requirements for central clearing counterparties (CCPs) and with the objective of providing mutual protection to all CDCC clearing members, the proposed risk model aims to monitor the build-up of risk overnight and offers different options for clearing members for how to manage this risk overnight. For more details on the clearing solutions, view the CDCC FAQ.

Contact

For more information, contact our institutional sales team at irderivatives@tmx.com or equityderivatives@tmx.com.

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