July 16, 2024
Equities Notice 2024-021
TMX Equity Trading Notice
Minimum Price Improvement Peg Approval Notice
TSX Venture Receives Regulatory Approval Regarding Amendments to Minimum Price Improvement Peg.
TMX Equities Trading is pleased to announce that TSX Venture Exchange ("TSXV") has received regulatory approval from each of the British Columbia Securities Commission & Alberta Securities commission regarding its proposed amendments to the Minimum Price Improvement Peg ("MPIP") order type, as described in Equities Notice 2024-012.
The amendments aim to enhance the flexibility and applicability of the MPIP order type, ensuring it effectively serves its purpose across a broader range of trading scenarios without compromising the intent of providing minimum price improvement.
The amendments are expected to be implemented on TSX and Alpha in Q3 2024.
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