Extension of Comment Period – Targeted Invitation Functionality for Trading of Equity Securities – Liquidnet Canada Inc.

On December 1, 2016, OSC staff published a Notice of Proposed Change and Request for Commnet from Liquidnet Canada Inc. (Liquidnet), which related to the introduction of a trading functionality that would allow Liquidnet’s marketplace participants to send and receive invitations to trade (Liquidnet Notice). The Liquidnet Notice is available at http://www.osc.gov.on.ca/en/Marketplaces_ats_liquidnet_index.htm. At the same time, OSC staff published a staff notice seeking answers on a number of specific questions (OSC Staff Notice and, together with the Liquidnet Notice, the Notices). The OSC Staff Notice is available at http://www.osc.gov.on.ca/documents/en/Marketplaces/ats_20161124_sn_liquidnet-proposed-changes.pdf. The Notices were published for a 30 day comment period ending on December 26, 2016.

We are extending the comment period to January 9, 2017, in order to provide additional time for the public to consider the notices. Comments should be submitted in the manner set out in the Notices.