MX

MX

MX Overview

The Montreal Exchange (MX) was founded in 1874 and is Canada’s oldest exchange. By 1999, MX was the only financial derivatives exchange in Canada. It became a for-profit corporation on October 1, 2000, and became the first traditional exchange in North America to be fully electronic in 2001.

Matching Engine

MX provides matching via their SOLA® electronic trading platform and matching (i.e. Trading) engine. The SOLA Trading engine is located in Markham, Ontario.

Matching Algorithms

MX matches orders by price/time priority (FIFO) and Opening matching algorithms.

Connectivity options

The TT® platform supports connectivity to the exchange, so you do not have to contact the exchange regarding connectivity options.