Market header image

Notices

You are here

Notice 2017-012 - Amendments to Trading System Functionality & Features – On-Stop Orders

June 26, 2017

INTRODUCTION

In accordance with the Process for the Review and Approval of Rules and the Information Contained in Form 21-101F1 (the "Protocol"), CNSX Markets Inc. (“CSE”) has adopted, and the Ontario Securities Commission (OSC) has approved, significant changes to the Trading System functionality related to order types.

On May 12th, 2017, CNSX Markets Inc. (“CSE”) published Notice 2017-010 – Amendments to Trading System Functionality & Features and Request for Comment – On-Stop Orders.  The period for public comment expired on June 12, 2017.   No public comment letters were received.

DESCRIPTION OF THE AMENDMENTS

On-Stop orders are limit or market orders that are inactive and undisplayed until the market price (National Last Sale Price) hits or passes through a specified trigger price.  The orders may be entered with a fixed trigger price, or a trailing price, offset from the last sale price.

On-Stops are an existing order type previously available on the CSE and currently in use on other marketplaces.

The full text of the amendments is available in Notice 2017-010:

http://thecse.com/en/about/publications/notices/notice-2017-010-amendments-to-trading-system-functionality-features-and

IMPLEMENTATION

The functionality will be introduced to the GTE on July 14, 2017.

Implementation date in the Trading System will be September 14, 2017

Questions about this notice may be directed to:

Mark Faulkner, Vice President Listings & Regulation,

Mark.Faulkner@thecse.com or 416-367-7341

Advertisement

Publicité

Latest CSE News

Upcoming Events

Interbourse Website v2

Interbourse 2018

Saturday, January 20, 2018 (All day) to Saturday, January 27, 2018 (All day)
ICMC Header

Investments and Capital Markets Conference 2018

Tuesday, January 23, 2018 (All day) to Thursday, January 25, 2018 (All day)

CSE Talks: Listing and Raising Capital in the US

Tuesday, January 23, 2018 -
8:30am to 11:00am

Advertisement

Publicité