IIROC is working with the
Canadian Securities Administrators (CSA) to enhance transparency and improve regulation in Canada’s fixed income markets and facilitate more informed decision-making by all market participants.
Before November 2015, the debt market in Canada was largely opaque to investors and other market participants. At that time, IIROC began collecting information from the firms it regulates on all debt securities transactions (see
IIROC Rule 2800C).
The CSA is leveraging the bond trade information that IIROC collects to increase transparency by having IIROC also serve as the “information processor” that publicly disseminates this data (subject to certain reporting delays and volume caps - see
CSA Staff Notice 21-317).
In this role, IIROC publishes the information it collects on a dedicated public web site.
IIROC Corporate Bond Information website provides the following daily, free of charge:
A list of the bonds displayed on the site and their selection criteria
Bond prices and volumes
A search and display function for "issuer name" and/or "CUSIP/ISIN codes" that allows users to look up information on trades in specific bonds
Summary level trade data
Transaction data for each bond
A glossary and other helpful information.
By providing this information, IIROC is delivering enhanced transparency to all participants in the Canadian debt securities marketplace.
View bond trading activity on the
Corporate Bond Information website.