Notice of Approval - Introduction of Point-In-Time Closing Cross - 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 (Exchange Protocol), on July 11th, 2019, the Commission approved significant changes to Form 21-101F1 for Nasdaq CXC Limited (Nasdaq Canada) reflecting the introduction of the Point-In-Time Closing Cross (Closing Cross) for the Nasdaq Fixed Income trading system.

Nasdaq Canada’s Notice and Request for Comment on the proposed Closing Cross was published on the Commission’s website and in the Commission’s Bulletin on June 13, 2019 at (2019) 42 OSCB 5415. No comment letters were received.

The Closing Cross is expected to become effective in the fourth quarter of 2019.