Notice of Commission Order – Application for Variation of Exemption Order – CME Amsterdam B.V.
On December 1, 2022, the Commission issued an order (the Order)
- revoking and replacing the order exempting CME Amsterdam BV (the Applicant) from the requirement to be recognized as an exchange contained in section 21 of the Act; and
- exempting the Applicant from the requirements in National Instrument 21-101 Marketplace Operation (NI 21-101) pursuant to section 15.1 of NI 21-101, the requirements of National Instrument 23-101 Trading Rules (NI 23-101) pursuant to section 12.1 of NI 23-101, and the requirements of National Instrument 23-103 Electronic Trading and Direct Electronic Access to Marketplaces (NI 23-103) pursuant to section 10 of NI 23-103.
A copy of the Order is published in Chapter B.2 of the OSC Bulletin published on December 8, 2022.
The Commission published the Applicant's application and draft order for comments on October 21, 2022 in the OSC Bulletin and the OSC website. No comments were received. No changes were made to the draft order published for comment.
The Order is consistent with Staff Notice 21-702 – Regulatory Approach for Foreign-Based Stock Exchanges and the updated exemption criteria included at Appendix 1 to Schedule A of the Order.