Montreal Exchange
Canada's oldest exchange for financial derivatives
The Montreal Exchange (MX) is Canada's oldest exchange and the country's leading derivatives market. Now fully electronic, MX offers a comprehensive range of interest rate and fixed income derivatives that are essential tools for managing Canadian dollar exposure.
As a subsidiary of the TMX Group, the Montreal Exchange plays a vital role in Canadian capital markets, providing efficient and transparent price discovery for financial derivatives.
Products
Fixed Income
Government of Canada Bond (CGB) futures and options are the exchange's flagship products, providing key benchmarks for Canadian fixed income markets. Products include Ten-Year Government of Canada Bond futures (CGB), Two-Year Government of Canada Bond futures (CGZ), Five-Year Government of Canada Bond futures (CGF), and 30-Year Government of Canada Bond futures.
Interest Rate Products
Short-term interest rate derivatives providing exposure to the Canadian money market. Products include Three-Month Canadian Bankers' Acceptance futures (BAX), Overnight Repo Rate futures (ONX), and Options on BAX futures.
Fully Electronic Trading
The Montreal Exchange operates a fully electronic trading platform, providing market participants with fast, reliable, and transparent access to Canadian derivatives markets. Advantage Futures offers direct connectivity to MX for clients trading Canadian interest rate and fixed income products.