Notice 2017-008 - CSE Trading Fee Schedule
March 31, 2017
The Canadian Securities Exchange (“CSE”) announces that the trading fee schedule changes that were proposed in Notice 2017-007 as well as two additional amendments have received regulatory approval and will become effective on Monday, April 3, 2017. Specifically, the changes are as follows:
- TSX and TSX-V listed securities will be inverted.
- Debenture securities will remain “maker taker”, but with a revised rate.
- Unintentional crosses between identified individual trader IDs will not attract a fee. Unless the election has been made for both trader IDs on an unintentional cross, the cross will be billed according to the fee schedule.
- A flat fee will be applied to TSX-V listed securities that achieve the specified volume thresholds.
- The classification of Designated Securities will be removed.
TSX Listed Securities
|
Price per Share |
Current Fee |
New Fee |
|
>=$1 |
Active Fee: $0.0025 Passive Rebate: -$0.0021 |
Active Rebate: -$0.0014 Passive Fee: $0.0018 |
|
>=$0.10 and <$1 |
$0.00008 per share per side |
Active Rebate: -$0.0002 Passive Fee: $0.0004 |
|
<$0.10 |
$0.00004 with a cap of $15 per share per side |
|
|
Unintentional Cross (With Trader ID Filed) |
Same as above |
No Charge |
|
Debentures or Notes (Per $1000 Par Value) |
Active Fee: $0.09 Passive Rebate: -$0.07 |
Active Fee: $0.09 Passive Rebate: -$0.08 |
TSX-V Listed Securities
|
Price per Share |
Current Fee |
New Fee |
|
>=$1 |
$0.0002 with a cap of $30 per share per side |
Active Rebate: -$0.0002 Passive Fee: $0.0004 For volume >=200,000 shares, a flat fee of $15 per side |
|
>=$0.10 and <$1 |
$0.00007 with a cap of $30 per share per side |
|
|
<$0.10 |
$0.00002 with a cap of $15 per share per side |
Active Rebate: -$0.0002 Passive Fee: $0.0004 For volume >=400,000 shares, a flat fee of $10 per side |
|
Oddlot |
$0.0002 per share per side |
Active Rebate: -$0.0002 Passive Fee: $0.0004 |
|
Unintentional Cross (With Trader ID Filed) |
Same as above |
No Charge |
|
Debentures or Notes (Per $1000 Par Value) |
Active Fee: $0.09 Passive Rebate: -$0.07 |
Active Fee: $0.09 Passive Rebate: -$0.08 |
Quick link:
If you have any questions or require further information, please contact:
[email protected]
416.367.7347
www.thecse.com
