Canadian National Stock Exchange (CNSX)/Pure Trading

Canadian National Stock Exchange (CNSX)/Pure Trading

February 26, 2009 12:50 ET

Pure Trading Notice 2009-003-Trading Fee Changes

TORONTO, ONTARIO--(Marketwire - Feb. 26, 2009) - In an effort to strike a more equitable balance between the interests of both the takers and the providers of liquidity, Pure Trading is announcing the following changes to its trading fee schedule for stocks trading at less than $1.00, effective March 2, 2009.



Stocks trading for less than $1.00
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Fees to Take Liquidity $ 0.0026

Liquidity Provider Rebate
Monthly passive volume: X less than or equal to 60MM shares $ 0.0018
Monthly passive volume: X greater than 60MM shares $ 0.0022
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Stocks trading for $1.00 and above
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Fees to Take Liquidity $ 0.0037

Liquidity Provider Rebate
Monthly passive volume: X less than or equal to 15MM shares $ 0.0027
Monthly passive volume: X greater than 15MM shares $ 0.0032
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Pure Trading is continuing to meet with all of the stakeholders impacted by trading fees, with an ongoing objective of arriving at solutions that work for the full community of participants.

For general information on the calculation or application of trading fees, see: Pure Trading: PT Notice 2009-01 - Pure Trading Fee Schedule: www.puretrading.ca/Page.asp?PageID=122&ContentID=6600&SiteNodeID=142&BL_ExpandID=

Communication

Please contact Market Operations at 416-306-0772 or marketops@cnsx.ca, with any questions or comments.

Contact Information

  • Canadian National Stock Exchange (CNSX)
    Radhika Ramkarran
    Listings Coordinator
    (416) 572-2000 X 2435
    Email: radhika@cnsx.ca
    Website: www.cnsx.ca