TSX Plans Multi-Dealer Bond Index

INDEXES

The Toronto Stock Exchange is embarking on a project to increase broker-dealer participation in a fixed-income index and a series of data products that the exchange recently purchased from Scotia Capital.

The purchase has resulted in the creation of a new subsidiary business of TSX, PC Bond—named after the most well-known of Scotia's data products, a fixed-income analytics and portfolio valuation tool. PC Bond also offers an attribution product, as well as end-of-day data on its SEI Universe

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