August 16, 2024
Equities Notice 2024-026
TMX Equity Trading Notice
Implementation of Amendments to Contingent Options Trades on Toronto Stock Exchange
TMX Equities Trading is pleased to announce that the amendments to Contingent Options Trades, as described in Equities Notice 2024-008 (the "Amendments"), will be implemented on Toronto Stock Exchange ("TSX") on September 03, 2024.
As set out in the Notice of Approval, while the Amendments received the applicable regulatory approval, Rule 8.1 Client-Principal Trading of the Universal Market Integrity Rules would be applicable unless an exemption was granted by the Canadian Investment Regulatory Organization ("CIRO"). On August 6, 2024, CIRO granted an exemption from the application of UMIR Rule 8.1 for the equity portion of Contingent Option Trades on TSX.
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