ARTICLE
25 July 2011

TSX Proposes Prioritizing Dark Orders With Minimum Size Conditions

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Earlier this month, the TSX released proposed amendments to its Rules that would allow dark orders with a minimum size condition to have trading priority over dark orders without such a condition, as long as the dark orders were at the same price.
Canada Finance and Banking

Earlier this month, the TSX released proposed amendments to its Rules that would allow dark orders with a minimum size condition to have trading priority over dark orders without such a condition, as long as the dark orders were at the same price. Dark orders were launched on the TSX and TSX-V in March and the proposed amendments are intended to provide an incentive to encourage dark orders of a larger size. Comments on the proposed amendments are being accepted until August 8.

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