Notice of Completion of Staff Review of Proposed Changes - Chi-X Canada ATS Limited
Chi-X Canada ATS Limited has announced its plans to implement changes to its Form 21-101F2 offering subscribers certain pre-trade validation checks to complement their existing risk management tools (proposed changes). A notice describing the proposed changes was published in accordance with OSC Staff Notice 21-703 -- Transparency of the Operations of Stock Exchanges and Alternative Trading Systems on September 17, 2010 in this Bulletin. Pursuant to OSC Staff Notice 21-703, market participants were also invited by OSC staff to provide the Commission with feedback on the proposed changes. One comment letter was received. A summary of this comment and a response prepared by Chi-X Canada ATS may be found in Chapter 13 of this Bulletin.
OSC staff have completed their review of the proposed changes and have no further comment. Chi-X Canada ATS is expected to publish a notice indicating the intended implementation date of the proposed changes.