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.
TMX Fixed Income Pricing Service (TMX FIPS)
Package Name | Security Type | Security Subtype | Instrument Type |
Government of Canada |
Debt Debt |
Money Market Market Bond |
Canada Treasury Bills Govt of Canada Bond |
Canadian Provinical |
Debt Debt Debt |
Money Market Money Market Market Bond |
Provincial Notes Provinicial Treasury Bill Provinical Bond |
Corporates | Debt | Market Bond | Corporate Bond |
Canada | Debt | All | All |
The following reporting details apply to both of the above FIPS offerings:
- One file is provided at the end of each trading day (around 9 p.m. ET).
- 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).
- 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.
- 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.
Delivery Format
Frequency: Daily
Format: TAB delimited file with ASCII characters
Delivery: SFTP over the internet