Bringing global best practices in derivatives market structure to Canada.
Building an infrastructure designed to support the growing level of international capital flow
tFOSE Propretiary Indices
- IOSCO compliant Index Administrators for established market Indices
- IOSCO compliant Administrators/Calculators for tFOSE proprietary Indices
- Global best practice standards in index governance
- Will follow International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks
- Will be transparent, robust and use rules-driven index construction methodologies
- Methodology documents are constructed and maintained with the following prime objectives in mind:
- Representativeness
- Replicability
- Investability
- tFOSE will use a global IOSCO compliant Index Calculator – no in-house calculation will be performed
- tFOSE does not collect or process data for index creation
- Data input provided that is not regulated is subject to IOSCO Principles
- Key tenets are Security, Integrity and Availability
- Index and Data Providers are required to have primary and secondary data centers and be geographically separated and continuously monitored
- High-performance, resilient and scalable platforms
- Network architecture that provides redundant paths for all connections
- A Business Continuity and Disaster Recovery Plan
