Notice of Commission Approval of Proposed Changes - CX2 Canada ATS

Market Regulation Document Type
Nasdaq CXC/Nasdaq CX2/Nasdaq CXD - ATS rule review and notices

On January 19, 2015, the Commission approved changes proposed by CX2 Canada ATS, which will introduce the ability for subscribers to trade odd lot orders (and odd lot portions of mixed lot orders) which are immediately marketable and marked IOC. These odd lot orders will receive guaranteed fills at the Canadian best bid / offer.

A notice requesting feedback on the proposed changes was published on the OSC website and in the OSC Bulletin on March 27, 2014 at (2014), 36 OSCB 3329. No comments were received.

CX2 Canada ATS is expected to publish a notice indicating the intended implementation date of the approved changes.