Exchanges
The ASC has the statutory power to recognize exchanges. This recognition allows the exchanges to operate and sets out the terms and conditions under which the exchanges are regulated. The ASC has recognized the TSX Venture Exchange Inc. and the Natural Gas Exchange Inc. (NGX) as exchanges. The ASC has also recognized ICE Futures U.S., Inc., New York Mercantile Exchange, Inc., Chicago Mercantile Exchange, Inc., Chicago Board of Trade and Commodity Exchange, Inc. as exchanges. The ASC has granted Toronto Stock Exchange, and ICE Futures Europe exemptions from recognition as exchanges.
The ASC has also recognized additional entities, including exchanges and quotation and trade reporting systems, for the application of various sections of Alberta securities laws. This recognition is limited to the specific section of the regulatory instrument to which it relates and is outlined in an order entitled ‘Recognition of Various Exchanges for Specific Purposes’, which can be found here.
Click on a title to see the documents associated with each organization.
Aequitas Neo Exchange Inc. (CBOE Canada Inc.)
- CBOE Canada Inc. 12/13/2023
- Neo Exchange Inc. 08/08/2022
- Neo Exchange Inc. 4/14/2021
- Neo Exchange Inc. 4/12/2021
- Aequitas Neo Exchange Inc. and Aequitas Innovations Inc. 8/15/2017
- Aequitas Neo Exchange Inc. and Aequitas Innovations Inc. 12/10/2014
Alpha Exchange Inc.
- Alpha Exchange Inc. and Alpha Trading Systems Limited Partnership 8/15/2017
- Alpha Exchange Inc. and Alpha Trading Systems Limited Partnership 12/19/2012
- Alpha Exchange Inc. and Alpha Trading Systems Limited Partnership 8/13/2012
- Alpha Exchange Inc. and Alpha Trading Systems LP 5/2/2012
- Alpha Exchange Inc. and Alpha Trading Systems LP Exemption Order 3/27/2012
Bloomberg SEF LLC
- Bloomberg SEF LLC 07/22/2016
Bloomberg Tradebook Singapore Pte Ltd.
- Bloomberg Tradebook Singapore Pte Ltd. 03/14/2023
Canadian National Stock Exchange (CNSX), doing business as the Canadian Securities Exchange (CSE)
CBOE Futures Exchange, LLC
Chicago Board of Trade (CBOT)
- Board of Trade of the City of Chicago, Inc. 5/2/2012
- Board of Trade of the City of Chicago, Inc. 1/31/2012
- Chicago Board of Trade 10/19/2009
- Board of Trade of the City of Chicago, Inc. 11/1/2011
- Chicago Mercantile Exchange Inc. 10/17/2016
- Chicago Mercantile Exchange Inc. 5/2/2012
- Chicago Mercantile Exchange, Inc. 1/31/2012
- Chicago Mercantile Exchange Inc. 11/1/2011
- Chicago Mercantile Exchange, Inc. 10/19/2009
- Commodity Exchange, Inc. 5/2/2012
- Commodity Exchange, Inc. 1/31/2012
- Commodity Exchange, Inc. 11/1/2011
- Commodity Exchange, Inc. 10/19/2009
Eurex Deutschland
- Eurex Deutschland, Exemption Order 09/15/2017
ICAP Global Derivatives Limited
- ICAP Global Derivatives Limited (Exemption Order) 07/22/2016
ICAP SEF (US) LLC
- ICAP SEF (US) LLC (Revocation Order) 10/30/2018
ICE Clear Canada Inc.
- ICE Clear Canada Inc. (Revocation Order) 8/13/2018
ICE Futures Canada Inc.
- ICE Futures Canada Inc. (Revocation Order) 8/21/2018
ICE Futures Europe
- ICE Futures 2/3/2006
ICE Futures U.S., Inc.
- ICE Futures U.S., Inc. 2/8/2013
- ICE Futures U.S., Inc. 2/17/2012
ICE Swap Trade, LLC
- ICE Swap Trade, LLC 07/22/2016
Nasdaq Canada
- Nasdaq Canada, Exemption Order 02/21/2018
- Recognition Order: Clearing Agency 12/06/2018
- Recognition Order: Derivatives Exchange 12/06/2018
- Exchange Recognition Order 3/22/2017
- Clearing Agency Recognition Order 3/22/2017
- 2014 Market Regulation Annual Assessment Report 01/06/2016
- 2013 Market Regulation Annual Assessment Report 10/16/2014
- CSA Notice 24-311 Qualifying Central Counterparties 7/28/2014
- Natural Gas Exchange Inc. Clearing Agency Recognition: Variation 12/19/2013
- 2012 Market Regulation Annual Assessment Report 11/25/2013
- 2011 Market Regulation Annual Assessment Report 8/30/2012
- Natural Gas Exchange Inc. Exchange and Clearing Agency Recognitions: Variation 7/11/2012
- ASC Notice 21-702 Proposed Acquisition of TMX Group Inc., Alpha Trading Systems Limited Partnership, Alpha Trading Systems Inc. and the Canadian Depository for Securities Limited by Maple Group Acquisition Corporation 5/14/2012
- Joint ASC/BCSC Notice and Request for Comment: Application by Maple Group Acquisition Corporation 10/7/2011
- Application by Maple Group Acquisition Corporation relating to the Recognition Orders of the TSX Venture Exchange Inc. and the Natural Gas Exchange Inc. 10/7/2011
- 2010 Market Regulation Annual Assessment Report 8/8/2011
- 2009 Market Regulation Annual Assessment Report 7/16/2010
- ASC Notice: Variation to NGX Recognition Orders 4/14/2009
- Variation of the Exchange and Clearing Agency Recognition Orders 4/14/2009
- ASC Notice: NGX Recognition 10/8/2008
- Exchange Recognition Order 10/8/2008
- Clearing Agency Recognition Order 10/8/2008
- ASC Notice and Request for Comment 7/15/2008
- Proposed Exchange Recognition Order 7/15/2008
- Proposed Clearing Agency Recognition Order 7/15/2008
- Natural Gas Exchange Inc. Confidentiality Order 7/15/2008
- Natural Gas Exchange Inc. 12/1/2004
- Natural Gas Exchange Inc.; NGX Financial Inc. 6/7/2002
- Natural Gas Exchange Inc.; NGX Financial Inc. 8/31/2001
- New York Mercantile Exchange, Inc. 5/2/2012
- New York Mercantile Exchange, Inc. 1/31/2012
- New York Mercantile Exchange, Inc. 11/1/2011
- New York Mercantile Exchange, Inc. 10/16/2009
- trueEX LLC (Revocation Order) 09/16/2019
- trueEX LLC (Exemption Order) 01/22/2018 REVOKED
- CPC TSXV Operating Agreement
1/1/2021 - TSX Venture Exchange Inc. Order 3/19/2019
- TSX Venture Exchange Inc. Revocation Order 11/22/2017
- Amendment to the CPC Operating Agreement dated April 30,
2010 11/5/2012 - TSX Venture Exchange Inc. Recognition Order: Exchange 7/11/2012
- ASC Notice 21-702 Proposed Acquisition of TMX Group Inc., Alpha Trading Systems Limited Partnership, Alpha Trading Systems Inc. and the Canadian Depository for Securities Limited by Maple Group Acquisition Corporation 5/14/2012
- Application by Maple Group Acquisition Corporation relating to the Recognition Orders of the TSX Venture Exchange Inc. and the Natural Gas Exchange Inc. 10/7/2011
- Joint ASC/BCSC Notice and Request for Comment: Application by Maple Group Acquisition Corporation 10/7/2011
- Withdrawal of Application: TMX Group Inc. - Proposed Merger with London Stock Exchange Group PLC 6/30/2011
- Joint ASC/BCSC Notice and Request for Comment 5/13/2011
- TMX Group Inc. – Proposed Merger with London Stock Exchange Group PLC Application 5/13/2011
- 2010 Market Regulation Oversight Report – TSX Venture Exchange Inc. 1/31/2011
- TSX Venture Inc. Response Letter to 2010 Market Regulation Oversight Report 1/31/2011
- TSX Venture Exchange Inc. Variation Order 5/30/2008
- 2005 Oversight Audit Report 7/10/2006
- TSXV Response to 2005 Oversight Audit Report 7/10/2006
- Recognition of TSX Venture Exchange Inc. 8/12/2005
- ASC Notice of proposed amendments to TSX Venture Exchange Recognition Order 5/20/2005
- Schedule A to Application - Blacklined ASC Recognition Order 5/20/2005
- Schedule B to Application - Blacklined BCSC Recognition Order 5/20/2005
- Application to amend TSX Venture Exchange Recognition Order 5/20/2005
- Schedule C to Application - TSXV Board of Directors Independence Standards 5/20/2005
- Amended and Restated CPC Operating
Agreement 3/24/2005 - Notice - TSX Venture Exchange Inc. requests comments on proposed policies and forms and corporate finance policy amendments for the inactive issuer board 6/24/2003
- Recognition of TSX Venture Exchange Inc. 9/13/2002
- TSX Venture Exchange Inc. continued recognition (formerly Canadian Venture Exchange Inc.) 9/3/2002
- Notice of Application from TSX Venture Exchange Inc. for Continued Recognition 7/2/2002
- TSX Venture Exchange application to the ASC for continued recognition 6/2/2002
- ASC Notice: Capital Pool Companies 5/6/2002
- CPC Operating Agreement 4/5/2002
- TSX Venture Exchange's Policy 2.4 Capital Pool Companies 4/5/2002
- TSX Venture Exchange's Form 3A Information Required in a CPC Prospectus 4/5/2002
- TSX Venture Exchange's Form 3B Information Required in an Information Circular for a Transaction 4/5/2002
- Canadian Venture Exchange Inc. (now TSX Venture Exchange Inc.) [revoked] 11/26/1999
- TW SEF LLC 7/13/2016
- Memorandum of Understanding Respecting the Oversight of Clearing Agencies, Trade Repositories and Matching Service Utilities 03/12/2015
- Memorandum of Understanding Concerning Cooperation Arrangements for Central Counterparties (European Securities and Markets Authority) 30/11/2015
- Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (Superintendencia de Valores y Seguros) 02/23/2015
- Memorandum of Understanding Concerning Cooperation and the Exchange of Information Related to the Supervision of Cross-Border Clearing Organizations (United States Commodity Futures Trading Commission) 06/10/2010
- Memorandum of Understanding Respecting the Oversight of Exchanges and Quotation and Trade Reporting Systems 1/1/2010
Alternative Trading Systems (ATSs)
The Canadian Securities Administrators (CSA) has developed a framework for regulating ATSs. National Instrument 21-101 Marketplace Operation, and National Instrument 23-101 Trading Rules, with their Companion Policies make up the “ATS Rules”.
Clearing Agencies
The ASC has recognized ICE NGX Canada Inc. as a Clearing Agency. Please see its link above for the recognition order.
Canadian Depository for Securities Limited and CDS Clearing and Depository Services Inc.
Trade Repositories
The ASC has the statutory power to recognize trade repositories. The ASC has recognized ICE Trade Vault, LLC, Chicago Mercantile Exchange Inc., DTCC Data Repository (U.S.) LLC and KOR Reporting Inc. as trade repositories.
ICE Trade Vault, LLC
- Recognition Order: Trade Repository 07/13/2016
Chicago Mercantile Exchange Inc.
- Chicago Mercantile Exchange Inc. 04/9/2019
- Chicago Mercantile Exchange Inc. 07/13/2016
DTCC Data Repository (U.S.) LLC
- Recognition Order: Trade Repository 07/13/2016
KOR Reporting Inc.
- Recognition Order: Trade Repository 04/19/2024
Information Processors
The ASC has the statutory authority to designate information processors.
TSX Inc.
- Designation Order: Information Processor 06/23/2022
Canadian Investment Regulatory Organization
- Designation Order: Information Processor 06/01/2023