TMX IP

The TMX Information Processor (TMX IP) provides a central source of consolidated Canadian equity market data that meets standards approved by regulators.

Explore Products Product Sheet

Features

Cost-effective solution

Data normalized in a standard protocol

Access to Canadian exchange and ATS market data

The TMX IP products include the Consolidated Data Feed (CDF™), Canadian Best Bid and Offer™ (CBBO®), Canadian Best Bid and Offer™ for Protected only markets (CBBOP™), Consolidated Last Sale (CLS™), Consolidated Depth of Book (CDB™) and the Consolidated Depth of Book for Protected only markets (CDBP™).

How to Get Access

Offered via point to point connections from TMX's data centres, the SFTI Network, and on extranets with current TMX market data feeds.

Benefits

Cost-effective alternative to direct data feeds- consolidated source for price discovery

Aggregation of Canadian market data content- for users with regulatory best-price obligations

Dual data center connectivity for redundancy

Data available in a normalized protocol

Conflicts of Interest Policy

Participating Marketplaces in the TMX IP Services

Marketplaces	CDF	CBBO	CBBOP	CLS	CDB	CDBP
TSX Alpha Exchange¹	✔	✔	✘	✔	✔	✘
TSX	✔	✔	✔	✔	✔	✔
TSXV	✔	✔	✔	✔	✔	✔
NASDAQ CXC	✔	✔	✔	✔	✔	✔
NASDAQ CX2	✔	✔	✔	✔	✔	✔
NASDAQ CXD²	✔	✘	✘	✔	✘	✘
Omega	✔	✔	✔	✔	✔	✔
Lynx¹	✔	✔	✘	✔	✔	✘
Canadian Securities Exchange	✔	✔	✔	✔	✔	✔
NEO Exchange NEO-L	✔	✔	✔	✔	✔	✔
NEO Exchange NEO-N¹	✔	✔	✘	✔	✔	✘
NEO Exchange NEO-D²	✔	✔	✘	✔	✘	✘
Instinet Canada Cross²	✔	✘	✘	✔	✘	✘
Triact Match²	✔	✘	✘	✔	✘	✘
LiquidNet²	✔	✘	✘	✔	✘	✘

Denotes an unprotected marketplace. Note, unprotected marketplaces are excluded from the CBBOP™ and CDBP™ service, except for their own listings.
Denotes a Dark MarketPlace. Note, Dark MarketPlaces are excluded from the CBBO™, CBBOP™, CDB™ and CDBP™ services.

Explore TMX IP Products

Consolidated Data Feed (CDF)

The CDF provides access to order and trade data from each contributing marketplace (trade data only for dark pools) normalized to the TSX TL2 data format. Each marketplace's normalized feed is available as a permissionable multicast feed, allowing clients to access pre- and post-trade data from one or more (or all) Canadian marketplaces. The CDF provides the full depth of book for each lit marketplace.

Canadian Best Bid and Offer for Protected only markets (CBBOP)

The CBBOP feed provides real-time access to the consolidated Canadian best bid and offer for Canadian equity securities that trade on all protected Canadian Lit marketplaces. The CBBOP broadcasts the marketplace identifiers and aggregate volume at the highest bid price and the lowest offer price for each security during regular trading hours of the participating marketplaces.

Canadian Best Bid and Offer (CBBO)

The CBBO feed provides real-time access to the consolidated Canadian best bid and offer for Canadian equity securities. The CBBO broadcasts the marketplace identifiers and aggregate volume at the highest bid price and the lowest offer price for each security during regular trading hours of the participating marketplaces.

Consolidated Last Sale (CLS)

The CLS is a real-time trade feed which disseminates trade reports from all contributing marketplaces including the dark pools. Each CLS trade message will include the following fields: attributed marketplace, timestamp from the source, volume, price, symbol and special terms and regulatory markers.

Consolidated Depth of Book for Protected only markets (CDBP)

The CDBP is a single consolidated view of the order book from the contributing protected lit marketplaces. The CDBP will provide, by symbol, the aggregate orders at each price for each marketplace.

Consolidated Depth of Book (CDB)

The CDB is a single consolidated view of the order book from the contributing lit marketplaces. The CDB will provide, by symbol, the aggregate orders at each price for each marketplace.

TMX Webstore

Explore all available data products for the TSX, TSXV, TSX Alpha & MX

TMX Webstore

Have questions about our products?