How Canadian Markets Work

Episode 3: Who’s In the Room

Hosts: John and Jane Runtime: 20 Minutes

Episode Summary In this episode, John and Jane "open up the wall and look at the pipes" of the Canadian financial system. They reveal that a single trade made on a smartphone actually involves at least seven different organizations, most of which are invisible to the average investor. The hosts break down the roles of these participants—from the big institutional "suppliers of capital" to the regulators and the back-office infrastructure—and explain why the Canadian market’s unique bank-owned structure provides stability at the cost of competition.

Key Concepts

• Retail vs. Institutional Investo ...