Report on Canadian OTC Derivatives

The Ontario Securities Commission (OSC), as part of its mandate, contributes to the stability of Ontario’s financial system and the reduction of systemic risk. 

The OSC collects data on OTC derivatives from both public sources and directly from trade repositories (TR) as required under OSC Rule 91-507: Trade Repositories and Derivatives Data Reporting (the TR Rule). 

The OSC uses this data to better understand key characteristics of over-the-counter (OTC) markets in Ontario, which assists with policy development, compliance reviews, and systemic risk monitoring.

The data in this report comes primarily from public sources with some sections, as described in the data preparation section, incorporating data that is only available to the OSC.

Data from public sources is unfiltered and assumed to be free of errors. If any changes are made by the TRs to data preparation methodologies, including how data is categorized, it could have an effect on how data is represented in this report. This report covers the 2024 calendar year. It is being made available to the public for the first time to provide transparency and to summarize the main features of Ontario’s OTC derivatives markets in 2024.