Notice of Commission Order – Application for Variation of Exemption Order – ICE NGX Canada Inc.

On November 9, 2023, the Commission issued an order (the Order) varying the order dated July 27, 2012 exempting ICE NGX Canada Inc. (NGX) from the requirements to be registered as a commodity futures exchange under section 15 of the CFA and as an exchange under section 21 of the OSA (2012 Exemption Order) to allow NGX to offer trading and settlement of product based on environmental quality, including emissions or emission credits (Environmental Products).

A copy of the Order is published in Chapter B.2 of the OSC Bulletin published on November 16, 2023.

The Commission published the Applicant's application and draft order for comments on August 31, 2023 in the OSC Bulletin and the OSC website. No comments were received. No changes were made to the draft order published for comment.