Canadian ECNs

Discussion in 'Order Execution' started by rebate trader, Oct 28, 2015.

  1. Hi, i need front end to route stock orders to Canadian exchanges and ECNs like TMX, Alpa, Chi-X, Pure, Lynx, Omega and Aequitas. Anybody has experience with banks like CIBC, National Bank, Royal Canadian for clearing purposes. (need portfolio margin account) Thanks for sharing ideas
     
  2. Is access to TSX enough for you?
     
  3. unfortunately it is not enough although i would be interested in your ideas, thanks
     
  4. Just PM you. TSX is the route I know. Maybe it's better for you to contact the prop firm by yourself.
     
  5. rmorse

    rmorse Sponsor

    Canadian stocks traded on the foreign markets are not PM eligible.
     
    Green Hand likes this.
  6. Thanks Robert, i appreciate your reply. To avoid some misunderstanding i would like to explain that i need PM for Canadian ETFs listed on Canadian exchanges and ECNs As far as i know Portfolion Margin is possible although for example Interactivebrokers does not offer it.
     
  7. rmorse

    rmorse Sponsor

    In general, PM is not available for foreign securities but is for ADRs. Then, Canada has not approved PM, so their regulators don't allow that much leverage.