Notice 2020-010 - CSE Trading Fee Schedule
Notices
Notice 2020-010 - CSE Trading Fee Schedule
September 4, 2020
The Canadian Securities Exchange announces that the trading fee schedule changes that were proposed in Notice 2020-008 as well as one additional amendment have been approved.
Specifically, the changes are as follows:
- The passive fee will be eliminated resulting in no charge for dark trading on CSE listed, TSX and TSX-V listed Securities for a trial period through February 28, 2021.
- Oddlot fees for CSE listed securities will be eliminated.
- Flat fees will be reduced to $2 either side where applicable.
- For TSX-V listed securities below $0.10, the volume threshold will be reduced to 200,000.
1. Dark Trading Fee
Current Trading Fee
| Active Fee | Passive Fee | |
|
CSE Listed - Less than $1.00 - Equal to or greater than $1.00 |
No charge No charge |
$0.0001 with a $5 cap $0.0001 |
| TSX-V and TSX Listed | No charge | $0.00005 |
New Trading Fee
| Active Fee | Passive Fee | |
| CSE, TSX-V and TSX Listed | No charge | No charge |
2. Oddlot Trading Fee
Current Trading Fee
| Active Fee | Passive Fee | |
| CSE Listed | $0.0002 | $0.0002 |
New Trading Fee
| Active Fee | Passive Fee | |
| CSE Listed | No charge | No charge |
3. Flat Fee and Threshold Adjustments
Current Trading Fee
| Active Fee | Passive Fee | |
|
TSX-V Listed - Less than $0.10 |
-$0.0002
$10 Flat Fee >=400,000 Shares |
$0.0004
$10 Flat Fee >=400,000 Shares |
| TSX-V Listed - Equal to or greater than $0.10 |
-$0.0002
$15 Flat Fee >=200,000 Shares |
$0.0004
$15 Flat Fee >=200,000 Shares |
| TSX Listed - Less than $1.00 |
-$0.0002
$15 Flat Fee >=200,000 Shares |
$0.0004
$15 Flat Fee >=200,000 Shares |
New Trading Fee
| Active Fee | Passive Fee | |
|
TSX-V Listed |
-$0.0002
$2 Flat Fee >=200,000 Shares |
$0.0004
$2 Flat Fee >=200,000 Shares |
| TSX Listed - Less than $1.00 |
-$0.0002
$2 Flat Fee >=200,000 Shares |
$0.0004
$2 Flat Fee >=200,000 Shares |
Current Trading Fee - Market Makers
| Active Fee | Passive Fee | |
|
TSX-V Listed - Less than $0.10 |
-$0.0002
$10 Flat Fee >=400,000 Shares |
$0.0002
$10 Flat Fee >=400,000 Shares |
| TSX-V Listed - Equal to or greater than $0.10 |
-$0.0002
$15 Flat Fee >=200,000 Shares |
$0.0002
$15 Flat Fee >=200,000 Shares |
| TSX Listed - Less than $1.00 |
-$0.0002
$15 Flat Fee >=200,000 Shares |
$0.0004
$15 Flat Fee >=200,000 Shares |
New Trading Fee - Market Makers
| Active Fee | Passive Fee | |
|
TSX-V Listed |
-$0.0002
$2 Flat Fee >=200,000 Shares |
$0.0002
$2 Flat Fee >=200,000 Shares |
| TSX Listed - Less than $1.00 |
-$0.0002
$2 Flat Fee >=200,000 Shares |
$0.0004
$2 Flat Fee >=200,000 Shares |
Quick link:
If you have any questions or require further information, please contact:
[email protected]
416.367.7347
www.thecse.com
