Notice of Commission Order - Variation of Exemption Order – Nodal Exchange, LLC

Nodal Exchange, LLC orders and notices

On August 5, 2016, the Commission issued a variation order

  • pursuant to section 144 of the Securities Act (Ontario) (OSA) and section 78 of the Commodity Futures Act (Ontario) (CFA) to remove references to LCH Clearnet Ltd. in Nodal Exchange, LLC’s (Nodal Exchange) order exempting it from recognition as an exchange; and
  • pursuant to section 38 of the CFA exempting trades in commodity futures contracts on Nodal Exchange by a bank listed in Schedule I to the Bank Act (Canada) from the registration requirement under section 22 of the CFA, provided such trades are made as principal and only for the bank’s own account.

A copy of the order is published in Chapter 2 of this Bulletin.