Price per Share |
Active Fee |
Passive Fee |
Securities Trading at $1.00 and above |
$0.0002 |
$0.0002 |
Securities Trading Between $0.10 and $0.99 |
$0.00008 |
$0.00008 |
Securities Trading for less than $0.10 |
$0.00004 with a cap of $15 |
$0.00004 with a cap of $15 |
For TSX-V listed securities (including rights and warrants)
Price per Share |
Active Fee |
Passive Fee |
Securities Trading at $1.00 and above |
$0.0002 |
$0.0002 |
Securities Trading Between $0.10 and $0.99 |
$0.00008 |
$0.00008 |
Securities Trading for less than $0.10 |
$0.00004 with a cap of $15 |
$0.00004 with a cap of $15 |
For TSX listed securities (including rights and warrants)
Price per Share |
Active Fee |
Passive Rebate |
Securities Trading at $1.00 and above |
$0.0025 |
$0.0020 |
Securities Trading for less than $1.00 |
$0.0004 |
$0.0001 |
Trades occurring in the market-on-open facility will have each side designated as active or passive, according to time priority, and will either be charged a fee or earn a rebate on the same terms as in the continuous auction market.
Fees to Take Liquidity |
$0.09 |
Rebates for Providing Liquidity |
$0.07 |
A flat fee of $9.75 per side per trade
For Market Maker FeesEach dealer will be charged a basic monthly participation fee of $500.
The active side of a trade is the order that takes liquidity from the CSE and the passive side of a trade is the order that provides liquidity to the CSE.
Unintentional crosses will have each side designated as active or passive and will be either charged a fee or earn a rebate, as they are part of the continuous auction market.
Intentional crosses will neither be charged a fee nor earn a rebate until further notice.
There will be no minimum monthly trading fee and it is expected that some dealers will be earning a rebate from the CSE each month. For those who prefer, dealers may elect to defer realizing their rebates and instead preserve same as a rolling credit against future fee payments otherwise due to the CSE.
The fees and rebates described above are subject to change.
For further information please contact:
Adam Schmidt
416.367.7362
[email protected]