Independent firm profile

Scotiabank (Global Banking & Markets)

Global markets division of Scotiabank running client trading and franchise risk across global fixed income, equities and FX.

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Headquarters: Toronto, ON
Founded: 1832
Funding model: Bank / Institutional
Region served: North America

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Overview

What this firm is and who it serves

Scotiabank (Global Banking & Markets) is a bank or institutional prop desk trading firm headquartered in Toronto, ON, founded in 1832. The firm provides traders with funded accounts to trade futures, stocks, options, forex.

At a glance

Structured facts about this firm

Firm Type: Bank / Institutional prop firm
Market Focus: Futures, Stocks, Options, Forex
Trading Style: Bank or Institutional Prop Desk
Institutional Level: Retail-accessible proprietary firm
Retail Accessibility: Open to retail traders
Geography: Toronto, ON · North America
Known For: Global markets division of Scotiabank running client trading and franchise risk across global fixed income, equities and FX.

Funding programs

Account types and the path to capital

Evaluation

—

Not required by this firm.

Instant funding

—

Not offered by this firm.

Scaling plan

—

No formal scaling plan documented.

Account sizes offeredBank balance sheet

Max allocation—

Evaluation fee—

Monthly subscription—

Trading rules

What's allowed, what isn't

Asset classes supported

FuturesStocksOptionsForexCrypto

News trading allowedYes

Overnight holding allowedYes

Weekend holding allowedYes

Copy trading allowedⓘNo

Related terms: trailing drawdown · consistency rule · profit split

Platforms & technology

Where and how you trade

Data feed provider—

Instruments—

Supported platforms

ProprietaryBloomberg

Payout structure

How and when you get paid

Profit splitN/A (employee desk)

Payout frequencySalary + bonus

First payout eligibilitySalary + bonus

Frequently asked questions

Common questions about Scotiabank (Global Banking & Markets)

Is Scotiabank (Global Banking & Markets) a legitimate prop firm?+

Scotiabank (Global Banking & Markets) was founded in 1832 and is headquartered in Toronto, ON. Global markets division of Scotiabank running client trading and franchise risk across global fixed income, equities and FX.

Does Scotiabank (Global Banking & Markets) require an evaluation?+

No. Scotiabank (Global Banking & Markets) offers funded accounts without a traditional evaluation phase.

What is the profit split at Scotiabank (Global Banking & Markets)?+

Scotiabank (Global Banking & Markets)'s published profit split is: N/A (employee desk).

How often does Scotiabank (Global Banking & Markets) pay out?+

Scotiabank (Global Banking & Markets) processes payouts on a salary + bonus basis, with first payout eligibility: Salary + bonus.

What platforms does Scotiabank (Global Banking & Markets) support?+

Scotiabank (Global Banking & Markets) supports the following trading platforms: Proprietary, Bloomberg.

What trading restrictions does Scotiabank (Global Banking & Markets) enforce?+

At Scotiabank (Global Banking & Markets), news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.