The OSC is responsible for regulating marketplaces in Ontario. The term "marketplace" includes exchanges, alternative trading systems (ATSs) and quotation and trade reporting systems (QTRSs).
Exchanges
The OSC has the statutory power to recognize stock exchanges and commodity futures exchanges. This recognition allows the exchanges to operate and sets out the terms and conditions under which the exchanges are regulated. The Toronto Stock Exchange (TSX) and the Canadian Trading and Quotation System (CNQ) are recognized as stock exchanges. The Winnipeg Commodity Exchange (WCE) is recognized as a commodity futures exchange. The OSC has given the TSX Venture Exchange (TSXV) an exemption from recognition as a stock exchange and has granted the Bourse de Montréal an exemption from recognition as a stock exchange and from registration as a commodity futures exchange.
Recognition Orders, Amendments to Recognition and Exemption Orders