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Exchanges and Other Marketplaces



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

TSX
Canadian Trading and Quotation System (CNQ)
TSX Venture Exchange
Bourse de Montréal
Winnipeg Commodity Exchange
Orders Recognizing Multiple Exchanges for specific sections of the Securities Act (Ontario)
ICE Futures
Natural Gas Exchange Inc. (NGX)


Rule Review
Toronto Stock Exchange
Canadian Trading and Quotation System (CNQ)


Memoranda of Understanding (MOU)


Automation Review Program (ARP)



 Alternative Trading Systems (ATSs)

The Canadian Securities Administrators (CSA) have developed a framework for regulating ATSs. National Instrument 21-101 Marketplace Operation, and National Instrument 23-101 Trading Rules, along with Companion Policy 21-101CP, Companion Policy 23-101CP, and OSC Rule 23-501 together make up the "ATS Rules".

Data Consolidation - Fixed Income Securities
Under the ATS Rules, data relating to the fixed income trading is required to be reported to CanPX.

June 13, 2003 CanPx Approval
Janurary 18, 2002 Notice of Filing by CanPx Inc. of Form 21-101F5 - Initial Operation Report of Information Processor: Request For Comments
Comments Received






 
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