About

    In 2009 JonesTrading further expanded its footprint and model by opening JonesTrading Canada Inc with its main office in Toronto. This is the expansion of the concept that began at JonesTrading over 35 years ago that allows institutions to trade within a trusted network.

    "There was a need for the JonesTrading model in the Canadian marketplace."

    Tom Steen, Executive Vice President, Head of Global Derivatives and Manager of the Toronto Office

    JonesTrading Canada now extends the same features and benefits to Canadian based institutions.

    Features

    Single point of contact

    • An experienced sales trader covers every JonesTrading client. This protects against leakage while also ensuring that each trade receives the personal attention required for best execution.
    • The client's intent drives the trade from start to finish, without nuances becoming lost nor communication between client and trader breaking down due to handoffs.

    Largest network

    • The JonesTrading network comprises the largest independent sales trader focused platform in the industry.
    • Our sales traders maintain relationships with all of the major institutional accounts located in Canada.

    Diverse trading community

    • The trading community represented on the JonesTrading platform spans everything from large traditional value and growth managers, to players in distressed and arbitrage securities, with the full range of buy side firms in between.
    • This diverse pool incorporates a range of investment perspectives on how to profit from market conditions, which translates into a broad opportunity base to match buyer and seller.

    Tightly controlled network

    • JonesTrading has created a unique tightly controlled trading environment that prevents client orders from becoming lost or compromised.

    Real-time trading intelligence

    • While algorithms and ECNs have their roles, their passive nature makes them less than ideally suited for completing the larger and more complex trades, particularly in high volatility market environments.
    • In contrast, JonesTrading sales traders take on the role of liquidity experts. They have their eyes and ears on the pulse of the markets at all times, and use these insights to actively source liquidity to achieve best execution for our clients.

    Benefits

    Execution of outsized orders with minimal market impact

    • JonesTrading allows our clients to move large positions while seeking reduced market impact.

    Sourcing liquidity

    • JonesTrading taps into sources of liquidity not visible on any other platform. Electronic crossing networks are by their very nature passive—only able to match up existing orders in the system.
    • A trade occurs only when buyer and seller arrive at the same stock, in roughly the same size, at precisely the same time. At JonesTrading, we actively dig out the other side, sourcing liquidity in a safe, trusted environment.

    Customized trading

    • With a single point of contact assigned to each client order, JonesTrading offers a superior level of trade management and personal care.
    • This customized trading provides the ability to regulate the speed of execution to exactly match client directives.

    Managing volatility

    • Even when the overall market environment is relatively calm, the combined impact of instantaneous news, program trading and the need to immediately capture arbitrage opportunities can work to create enormous volatility surround.

    Services offered and provided in Canada are through JonesTrading Canada Inc. which is a member of IIROC and the Canadian Investor Protection Fund.

    • Tom Steen

      Executive Vice President, Head of Global Derivatives and Manager of the Toronto Office

      Tom Steen brings over 20 years of experience in derivatives trading. Before joining the firm, Mr. Steen was a Managing Director for Merrill Lynch Equity Linked Products group and an option trader and risk manager with DDX Capital.