October 26, 2021
Equities Notice 2021-021
TMX Equity Trading Notice
TSX DRK Conditionals Update
TSX DRK, Canada's fastest-growing dark pool, is excited to announce the launch of Conditional orders on all TSX and TSXV-listed securities on November 22, 2021 (subject to regulatory approval).
In an increasingly fragmented market, TSX DRK™️ Conditional orders allow market participants to be represented anonymously in TSX and other conditional books simultaneously without the risk of overfilling or double execution, giving them access to natural block liquidity, while minimizing market impact. Access more information and benefits on Conditional orders, at TSX DRK Conditionals.
Typically Conditional orders are accessed through algorithmic trading strategies, and the summary of technical details and specifications relating to Conditional Orders are available in TMX Trading Notice 2021-015. For Full FIX Specifications, please refer to the TMX Webstore. The GTE testing facility became available on September 13th, 2021.
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