TSX DRK Liquidity Guide

14.2 CMO+ and PDL Scenarios 37 14.2.1 CMO+ order bypassing non-CMO+ orders to trade against another resting CMO+ order 37 14.2.2 CMO+ Dark Sweep order trading against other DRK orders on entry 38 14.2.3Resting CMO+ orders being bypassed by incoming non-CMO+ orders 38 14.2.4PDL order trades against a SDL order (IOC/FOK) 3914.2.5 PDL order XM – No Trade instruction triggered 39 14.3 MIN and MIS Scenario 40 14.3.1 Active Buy-Side Dark Limit with MIS 41 14.3.2Active Sell-Side Dark Limit with MIS 41 14.3.3 Active Buy-Side Dark Limit with MinQty 41 14.3.4Active Sell-Side Dark Limit with MinQty 42 14.3.5 Active Dark Limit with MIS & MinQty 42 14.3.6 Passive Dark Limit: MinQty Exhausted, Trades Board Lot 43 14.3.7 Active Dark Limit with MinQty and Cancels Back 44 14.3.8 Passive Dark Limit: MIS Exhausted, Trades Board Lot 44 14.3.9Active Dark Limit with MIS and Cancels Back 45 14.3.10Passive Dark Limit with MinQty using a One Tick Spread 46 14.3.11Passive Dark Limit with MIS using a One-Tick Spread 46 14.4 Conditional Order Interaction Scenarios 47 14.4.1 Pro-rata allocation for Firm-up to Firm-up orders execution 47 14.4.2 Remaining volume from Firm-up trade sweeps the dark book 49 14.4.3 Dark Opt-in Order triggers invitation in the Conditional book 50 15. Account Management Contacts 52

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