Comments (8)

Dec 22, 2010

RBC s tops.

I think CIBC fairs better than Scotia.

Dec 22, 2010

^This guy doesn't know what he's talking about.

It really depends on the product/desk, but overall CIBC is better than Scotia. CIBC is actually probably the strongest on the street right now, and they're expanding rapidly (they're opening a second trading floor in brookfield place)

As for your league tables question, one way to measure is through volume/value/market share of trades on the TSX. For OTC products, obviously it's a little bit harder to gauge.

Dec 22, 2010
Crispy:

^This guy doesn't know what he's talking about.

It really depends on the product/desk, but overall CIBC is better than Scotia. CIBC is actually probably the strongest on the street right now, and they're expanding rapidly (they're opening a second trading floor in brookfield place)

As for your league tables question, one way to measure is through volume/value/market share of trades on the TSX. For OTC products, obviously it's a little bit harder to gauge.

I agree with everything you said.

And yes, it really depends on the product. The only area that I can confidently say Scotia Capital excels in (compared to the other Big 5) is corporate bond trading. This is from speaking with friends who work in that asset class/space.

To the OP: Let us know the product you're interested in / interviewing with, and hopefully we can expand on some stuff.

Dec 22, 2010

I have worked with all of the Big 5, and for S&T, I would say:

RBC>TD>>>>Scotia>CIBC = BMO.

Dec 22, 2010

Worked with 4 of the 5. People tend to look down on cibc. I think the general perception is this:

  1. rbc
  2. td, scotia
  3. bmo, cibc
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Dec 22, 2010

scotia tops in corp bonds, td tops in govt bonds and equity options, bmo strong in fx

cibc strong in algo's/equities

rbc is strong across the board...

its totally product dependant

Oct 6, 2012

Sorry to bring up an old thread but would you say the above arguments are still relevant . . .

Oct 8, 2012
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