Canadian exchange operator TMX Group just packaged a whole slew of trading analytics into a single package to help make traders more efficient.
TMX Group has introduced TMX Insights, an integrated set of capabilities that provide financial content, tools and applications, as well as capital markets analytics. A number of existing capabilities have been grouped together under TMX Insights, including the suite of S&P/TSX indices, risk management tools such as Razor Risk and TMX Security Risk Ratings, real-time options analytics, as well as eXplore TMX Innovation Lab.
TMX Insights also features a new product offering, TMX Analytics, which is a data analytics product designed to help traders make better trading and investment decisions.
Cloud-based, TMX Analytics offers real-time and historical information and insight into the Canadian and U.S. capital markets. The new product collates large quantities of raw data derived from TMX marketplaces and other public markets in Canada and the U.S. and translates it into equity market analytics that provide insight into the behavior of listed securities and the participants that trade them. Among the key features, TMX Analytics delivers insight into market liquidity and price discovery; provides analysis of routing decisions in a multiple market environment; measures the expected impact of pre-trade models based on market dynamics; and enables post-trade analysis of trading strategies, as well as order flow and transaction cost analysis.
TMX Group’s key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montral Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community.
