Montréal Exchange (MX)

The Bourse de Montréal or Montréal Exchange (MX) is the oldest stock exchange in Canada, with roots dating back to the 1830s. The exchange shifted from a floor-based exchange to a fully electronic exchange in 2001. The Montréal Exchange is operated by the TMX Group.

Derivatives – both currency-based, interest-rate-based, equity-based and index-based - make up the bulk of the products traded on the exchange.

Indexes based on the Montréal Exchange include the S&P/TSX 60 VIX Index (VIXC), the MX Covered Straddle Writers' Index (MPCX) and the MX Covered Call Writers' Index (MCWX).

Trading hours: Monday through Friday 9:00 a.m to 4:00 p.m ET (UTC-5)
Trading hours (money market and bond market derivatives): 6:00 a.m to 4:00 p.m ET
Settlement cycle: T+2

More on this topic:
Swiss online broker comparison
How to buy stocks: best trading tips
Stock trading: common pitfalls

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Daniel Dreier is editor and personal finance expert at moneyland.ch.

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