Heather McLean
Heather McLean

Regional e-FX perspective on Canada

Canada consists of ten provinces and three territories and is one of the worlds wealthiest nations. It has a very diversified economy much reliant on natural resources and trading relationships with overseas countries, particularly the United States. Heather McLean explores the current FX trading environment within this huge country and how leading Institutional and Retail FX providers are meeting increasing demand for electronic FX execution solutions amongst their clients.

First Published: e-Forex Magazine 45 / Regional eFX Perspective / October, 2011

Canada consists of ten provinces and three territories and is one of the worlds wealthiest nations. It has a very diversified economy much reliant on natural resources and trading relationships with overseas countries, particularly the United States. Heather McLean explores the current FX trading environment within this huge country and how leading Institutional and Retail FX providers are meeting increasing demand for electronic FX execution solutions amongst their clients. Dmitry Evseev, senior foreign exchange trader at Penson Financial Services Canada, a provider of securities clearing and related services, says the country has been at the epicentre of investor and market interest from abroad. “Penson is experiencing larger than normal demand from foreign prospects for a variety of products, including those related to hedging client currency exposures from trading equities on the Canadian exchanges, FX margin trading and over the counter currency options,” he notes. Increasing e-trading...continued

Exclusive Content

The full article is only available to current subscribers. Click here to sign in or subscribe by clicking here