Information processors

Information processors consolidate and disseminate order and trade information to provide investors and market participants with a single source of this information.

Under National Instrument 21-101 Marketplace Operation, marketplaces must provide order and trade information relating to exchange-traded securities to an information processor. In addition, marketplaces, dealers, and inter-dealer bond brokers must report trade information relating to government and corporate debt securities to an information processor.

Designated information processors

There are currently two information processors designated by the Ontario Securities Commission (OSC):

  • Investment Industry Regulatory Organization of Canada is the information processor for government and corporate debt securities (IIROC IP)
  • TMX is the information processor for exchange-traded securities (TMX IP)

IIROC IP

TMX Information Processor (TMX IP)

TMX IP acts as the information processor in Ontario for exchange-traded securities other than options from July 1, 2014, to June 30, 2018. TMX IP’s designation was renewed in 2018 through to 2022.