In a recent interview with Michelle Tran, president of TMX Datalinx, John Lothian News delved into the world of Term CORRA and its potential impact on the financial markets.

Term CORRA, which stands for Canadian Overnight Repo Rate Average, has garnered significant attention in the financial industry due to its potential to reshape the landscape of Canadian interest rate benchmarks.

Tran began by sharing insights into the implications of the launch of Term CORRA for TMX/MX, the Toronto-based stock exchange operator. She highlighted the importance of this benchmark in enhancing transparency and accuracy in the Canadian financial markets. Term CORRA is set to provide market participants with a reliable tool for risk management and pricing across various financial products.