Trading Hours

The following trading session hours of operation are as follows:

Toronto Stock Exchange and TSX Venture Exchange

TIME (ET)SESSION
7:00 AM - 9:30 AM    Pre Open - Orders may be entered, but will not be executed. The COP is displayed and continuously updated.
9:30 AM Market on Open (MOO) - All matching orders are executed at a single opening trade price with any remaining orders carrying through to the continuous limit order book.
9:30 AM - 4:00 PM Continuous Trading - All regular order types are accepted.
3:40 PM - 4:00 PM Market on Close (MOC) - Cut-off for MOC orders is at 3:40. MOC imbalance is published at 3:40 after which Limit on Close (LOC) orders opposite to the imbalance side are accepted (subject to a price collar) into the non-displayed MOC facility. Trades publish at 4:00 unless a Price Movement Extension is required, in which case trades publish at 4:10.
4:10 PM - 4:15 PM Post Market Cancel Session - During this session, open orders may be cancelled by the dealer.
4:15 PM - 5:00 PM Extended Trading Session - Orders at the last sale price are accepted, but trades may only occur at the last sale price except for regulatory approval of a specialty price cross. Day orders participate in this session. MBF session for option expiry takes place during Extended Trading once per month, the evening before an option expiry day.

TSX Alpha Exchange

TIME (ET)SESSION
7:00 AM - 8:00 AM    Pre Open – New orders or CFO's are not allowed, only cancels are permitted
8:00 AM - 5:00 PM Continuous Trading – At 8:00am continuous trading commences. All regular order types are accepted.
5:00 PM - 5:30 PM Post Market Cancel Session – During this session, open orders may be cancelled by the dealer.
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