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cnsx [2013/07/10 10:00] hugocnsx [Unknown date] (current) – removed - external edit (Unknown date) 127.0.0.1
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-====== Canadian National Stock Exchange (CNSX) ====== 
-The Canadian National Stock Exchange provides an alternative to traditional exchanges as it has lower costs and capitalization requirements than the other primary markets in Canada. 
  
-[[http://www.cnsx.ca | Homepage]] 
-Currency: Canadian Dollar (CAD) 
- 
-===== Trading Hours & Calendar ===== 
-Trading Hours - 09:30 - 16:00 
-Holiday Calendar - The CNSX follows the Canadian holiday calendar along with other Canadian exchanges, as listed [[http://www.tmx.com/en/about_tsx/market_hours.html | here]]. 
- 
-===== Trade Execution Summary ===== 
-CNSX utilizes the same underlying technology for its primary market as it does for it's alternative trading venue [[PURE ATS|PURE]]. 
- 
-==== Lit Order-types ==== 
-  * Limit Buy/Sell/Short (DAY/IOC) 
-  * Limit Buy/Sell/Short Reserve (DAY) 
-  * Market Buy/Sell/Short (DAY/IOC) 
-  * Stop Limit Buy/Sell/Short (DAY) 
-  * Market on Close Buy/Sell/Short (DAY) 
- 
-==== Alternative Trading Systems (ATS) ==== 
-  * [[OmegaATS|OmegaATS]] 
- 
-==== Basic Market Rules ==== 
-  * Lot Size varies by price as follows: 
- 
-^ Price Range ^ Board Lot ^ 
-| < $0.10 | 1000 | 
-| $0.10 to $1 | 500 | 
-| > $1 | 100 | 
- 
-  * Tick Size varies by price as follows: 
- 
-^ Price Range ^ Board Lot ^ 
-| < $0.50 | $0.005 | 
-| >= $0.50 | $0.01 | 
- 
-  * Short Sale Rules - Short sell orders must be properly marked. There is no locate requirement intraday. 
-  * Circuit Breakers - A market-wide trading halt will occur when the circuit breakers defined [[http://www.iiroc.ca/industry/rulebook/Pages/Circuit-Breakers.aspx | here]] are triggered. Tied primarily to movement of the DowJones Industrial Average, on days where US markets are closed, the S&P/TSX Composite will be used as reference. 
- 
-==== Auction Mechanisms ==== 
-The auction mechanism used by CNSX is similar to that on the [[tsx|TSX]] and [[tsxv|TSX-V]] markets in Canada. As such you can review that mechanism [[http://tmx.complinet.com/en/display/display_main.html?rbid=2073&element_id=546 | here]]. 
- 
-=== Open === 
-Pre-opening phase is from 08:00:00 - 09:30:00, during this phase orders can be entered and cancelled but will not be matched. Matching takes place at the open (09:30:00). 
- 
-=== Close === 
-Market on Close (MOC) orders can be entered anytime before 15:40:00 after which time they cannot be cancelled and will participate in the closing print at 16:00:00. 
-=====Additional Info===== 
- 
-=====See Also===== 
- 
-=====References===== 
cnsx.1373464833.txt.gz · Last modified: 2017/03/14 12:33 (external edit)