TORONTO, ONTARIO — (Marketwire) — 12/19/11 — On January 3rd, 2012 CNSX Markets intends to implement changes to the trading fee schedule for CNSX listed securities. An additional fee range will be introduced for equity securities trading at less than $0.10. The Designated Market Maker credit for passive trades will be replaced with a rebate for all passive trades, and the fees for odd lot trades will be reversed such that the active side earns the rebate and the passive side pays the fee. The minimum and maximum fees will also be eliminated. The fee for crosses will not change.
New fees have been introduced for structured products, as noted below. The $0.10 per $1,000 par value fee will apply to both sides of the trade, subject to a $1.00 minimum.
The flat fee for government bonds will not change.
CNSX LISTED Securities
Trading Fees
A. Equity Securities (shares, warrants, rights)
B. Debt Securities
Access fees
There is no monthly access fee for dealers to trade CNSX listed securities.
Effective Date
The changes will be effective January 3, 2012.
Contacts:
Questions about this notice may be directed to:
Mark Faulkner
Vice President, Listings & Regulation
416.472.2000 x2305