Notice of Approval – Introduction of New Functionality for PureStream on CXD – Nasdaq CXC Limited

In accordance with the requirements set out in the Process for the Review and Approval of Rules and the Information Contained in Form 21-101F1 and the Exhibits Thereto, the Ontario Securities Commission (OSC or Commission) approved amendments to the Nasdaq CXC Limited Trading Rule and Policies (Trading Rules) and to Nasdaq CXC Limited’s (Nasdaq Canada) Form 21-101F1 reflecting changes to how the matching engine processes PureStream orders on Nasdaq’s dark trading book, CXD.

Nasdaq Canada’s Notice and Request for Comment on the proposed functionality was published on the Commission’s website and in the Commission’s Bulletin on September 7, 2023 at (2023) 46 OSCB 7323. No comment letters were received.

The new functionality is expected to be introduced before the end of the year. Nasdaq Canada will send a Notice communicating the effective date of this change.