Fixed Income Price Service (FIPS)

Canadian Fixed Income Trade Data

Product Description

FIPS provides details of fixed income trades reported to CDS Clearing and Depository Services Inc. (CDS) on a daily basis. FIPS reports trades on all Canadian fixed income federal, provincial, municipal and corporate securities that are eligible for deposit at CDS.

Two FIPS offerings are available.

Standard FIPS – provides details of all fixed income trades reported to CDS. This report excludes the identity of the parties to the trades.

Customized FIPS – provides details of all fixed income trades reported to CDS. This report also identifies where the subscribing customer is a party to a trade, but excludes other party identifiers in all other instances.

The following reporting details apply to both of the above FIPS offerings:

  1. One file is provided at the end of each trading day (around 9 p.m. ET).
  2. Trade ("par quantity") for all securities is capped at 2 million. Trade ("par quantity") for all securities over 2 million are reported as 2,000,001, and "accrued interest" reported as zero (0).
  3. Where a security trades only once in a given day, that trade will be reported in the FIPS report 14 calendar days after the date the transaction was reported to CDS. Securities that have multiple trades on a given day will be reported in FIPS on the day the transactions were reported to CDS.
  4. Single trades with par quantity exceeding 50 million that are split into multiples of 50 million when reported to CDS (due to a current CDS Clearing and Depository Inc. imposed limitation) are aggregated for reporting in FIPS, and par quantity reported as 2,000,001 as noted in item 2. above.

Product Sheet, Specification and/or Sample

Access the product sheet and specification document

Frequency: Daily
Format: TAB delimited file with ASCII characters
Delivery: SFTP over the internet

Contact us for pricing and other information

Non - CDS Participant Inquiries for CDS Innovation /TMX Datalinx
Email: datasales@tmx.com

Daily Volume Summary Report

The Fixed Income Daily Volume Summary Report is based on the data provided in the Fixed Income Pricing Service product. The report contains the total volume of traded fixed income securities (by ISIN) aggregated from trades reported to CDS Clearing and Depository Services Inc. (CDS).

Weekly Settlement Volumes Report

The Fixed Income Daily Volume Summary Report is based on the data provided in the Fixed Income Pricing Service product. The report contains the total volume of traded fixed income securities (by ISIN) aggregated from trades reported to CDS Clearing and Depository Services Inc. (CDS).

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