Becoming a Member

There are three primary requirements that a firm must meet to become a Participating Organization of Toronto Stock Exchange (TSX), Member of the TSX Venture Exchange or Member of TSX Alpha Exchange:

  1. Must be a member of a self-regulatory organization (SRO). In Canada, IIROC provides this service (www.iiroc.ca)
  2. Must have a CDS clearing account; and/or relationship with clearing facilitator. See www.cds.ca.
  3. Must establish electronic access to TSX and/or TSX Venture Trading Engine

In addition, there are several forms and applications that need to be completed in order to become a Participating Organization. The entire process typically takes 4-6 weeks granted there are no special circumstances.

STEP 1 - Contact a TMX Account Manager to initiate the process.

The Account Manager will guide you through the application process and help with any questions or concerns that arise during the process.

STEP 2 - Complete the necessary forms

Complete a Participating Organization/Member Application & Agreement for each desired marketplace (TSX, TSX Venture Exchange and/or TSX Alpha Exchange)

  • Toronto Stock Exchange Application
  • TSX Venture Exchange Application
  • TSX Alpha Exchange Member Application
  • Toronto Stock Exchange Agreement
  • TSX Venture Exchange Agreement
  • TSX Alpha Exchange Member Agreement

Complete a Personal Information Form for each controlling shareholder owning a stake greater than 20%, director and officer of the company. Original copies along with 2 notarized copies of personal identification are required.

  • Personal Information Form

Pay the applicable Application Fees + HST. Cheques can be made payable to "Toronto Stock Exchange"

  • Toronto Stock Exchange Application Fee
  • TSX Venture Exchange Application Fee
  • TSX Alpha Exchange Member Application Fee

Complete trader applications to register each new trader with TSX/V.

  • TSX Trader Application
  • TSX Venture Trader Application

STEP 3 – Arrange for electronic access to order entry and market data

It is also recommended at this step to review applicable rules including:

TMX marketplaces all offer testing environments designed to improve the customer development and testing experience. To access the test facilities, please contact vendor_services@tmx.com.

Participating Organization Membership Fees

Membership fees for each of TSX, TSXV and Alpha can be found in their respective trading fee schedules.

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