June 29, 2026
Equities Notice 2026-017
TMX Equity Trading Notice
TMX Equities Receives Regulatory Approval Regarding Amendments to the TSX, TSXV and Alpha Fee Schedules
Further to Trading Notice 2026-015, TMX Equities Trading is pleased to announce that the Toronto Stock Exchange ("TSX"), TSX Venture Exchange ("TSXV") and TSX Alpha Exchange ("Alpha") have received regulatory approval from the Ontario Securities Commission, Alberta Securities Commission and British Columbia Securities Commission regarding its proposed amendments to the TSX, TSXV and Alpha fee schedules.
The proposed amendments comprise an update to the determination of ‘Retail' Trader IDs, as follows:
- Removal of the current exclusion from ‘Retail' pricing for Canada-based Direct Electronic Access clients supplying retail order flow; and
- Stipulation that retail order flow must originate directly from ‘Retail clients' (as defined by CIRO).
The proposed amendments will be effective on July 2, 2026. The amended fee schedules are available here:
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