TSX Dark Liquidity Guide

19 FEATURE Description FIX OE Broadcast Feed TL1 TL2 TQL1 (Quantum Feeds) TQL2 (Quantum Feeds) DRK Mini- mumPrice Improve- ment (MPI) Peg Order is priced at one tick more aggressive than the same side Protected NBBO TSXUndisplayed (7726) = Y Indicates the order is completely undisplayed TSXPegtype (7723) = x Order responses: Fully Encrypted TradeReport (private): Undisplayed (604) = Y PegType (597) = x No Changes No Changes No Changes No Changes DRK Market Peg Order is priced at the opposite side Protected NBBO with an optional price offset. Will default to one tick inside the opposite side Protected NBBO TSXUndisplayed (7726) = Y Indicates the order is completely undisplayed TSXPegtype (7723) = P PegOffsetValue (211) = value Order responses: Fully Encrypted TradeReport (private): Undisplayed (604) = Y PegType (597) = P PegOffsetValue (669) = value No Changes No Changes No Changes No Changes DRK Primary Peg Order is priced at the same side Protected NBBO with an optional price offset TSXUndisplayed (7726) = Y Indicates the order is completely undisplayed TSXPegtype (7723) = R PegOffsetValue (211) = value Order responses: Fully Encrypted TradeReport (private): Undisplayed (604) = Y PegType (597) = R PegOffsetValue (669) = value No Changes No Changes No Changes No Changes TSX Min Interac- tion Size Prevents fills smaller than the minimum interaction size specified until the order’s volume has been depleted to the point that the remaining volume is less than the minimum interaction size. Supported on DRK orders only TSXMinInteractionSize (6793) = value Order responses: Fully Encrypted Trade Report (private): MinInteractionSize (668) = value No Changes No Changes No Changes No Changes