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INSTINET CANADA CROSS LTD.

NOTICE OF APPROVAL OF
PROPOSED CHANGE TO THE INSTINET CANADA CROSS TRADING SYSTEM

 

On April 20, 2020, the Ontario Securities Commission (the OSC) approved the amendment proposed by Instinet Canada Cross Ltd. (also known as ICX) to its Form 21-101F2 reflecting a change to the ICX trading system to create a conditional order book that provides its subscribers with the option to enter conditional orders.

In accordance with the Process for the Review and Approval of the Information Contained in Form 21-101F2 and Exhibits Thereto, a notice outlining and requesting feedback on the proposed change was published on the OSC website and in the OSC Bulletin on January 30, 2020 at (2020), 43 OSCB 1154 (the Notice of Proposed Change).

No comment letters were received in response to the Notice of Proposed Change.

ICX will publish a notice on its website indicating the date of implementation of this approved change, which is anticipated to be in the third quarter of 2020.