CNQ Notice 2008-002
October 3, 2008
New Trading Fee Schedule
CNQ will implement a new trading fee schedule concurrent with the migration of trading in CNQ listed securities to the X-Stream trading system, scheduled for October 17, 2008. The new schedule introduces volume based fees, similar to those charged in other marketplaces, including Pure Trading. It also includes new trading fee credits for Market Makers in their stocks of responsibility.Trading Fees
Equity Securities (shares, warrants, rights)
Security Price Fee per Share Maximum Fee Minimum Fee
$1.00 or above $0.0014 $50.00 $1.00
Below $1.00 $0.0006 $50.00 $1.00
Debt Securities
A flat fee will be charged at a rate of $9.75 per side per trade.
Access fees
There is no monthly access fee for dealers participating in CNQ’s Listed Market.
For further information please contact:
Mark Faulkner,
Director, Listings & Regulation
416.572.2000 x2305 or
[email protected]