With the launch of TSX Alpha Exchange, an unprotected market will be operating alongside protected markets for the first time
IIROC has also proposed amendments to trading rules to conform to the CSA’s policy approach
Odd-lot orders would not bet required to receive a better price when trading against a dark order: IIROC
Sending retail equity orders to U.S. dealers may not comply with Canadian trading rules
Regulator to host roundtable discussion on CSA’s proposed amendments to trading rules
SEC has jurisdiction to consider fee rule challenges
Amendments are intended to strike a better balance between costs and benefits
Rule change will significantly increase FINRA’s ability to deter self-trading that disruptive to the marketplace
The regulator is discontinuing its former practice of cancelling or varying certain odd lot trades