Notice of Commission Approval of Proposed Changes – Instinet Canada Cross Limited (ICX)

Instinet Canada Cross Limited (ICX) has announced its plans to implement changes to its Form 21-101F2 (F2) to reduce the length of the window of the random pricing process from a range of one to ten seconds to zero to one second (Proposed Change). A notice describing the Proposed Change was published in accordance with OSC Staff Notice 21-703 – Transparency of the Operations of Stock Exchanges and Alternative Trading Systems on June 21, 2012 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. No comments were received.

The Proposed Change was approved on September 20, 2012. ICX is expected to publish a notice indicating the intended implementation date of the proposed change.