CANADA: Aequitas publishes description of proposed new market structure

Thursday August 15 2013

Further to the update of 14th August, Aequitas has published a description of its proposed market structure for the potential new stock exchange in Canada.

Aequitas’ proposed structure combines the following features to address current issues: multiple order books, innovative approaches to matching priorities and market making, as well as mechanisms to prevent predatory trading behaviours.

Aequitas will be conducting research over the next 45 days to build awareness on the proposal and potential solutions. Technical discussions will focus on the key issues for comment published by the OSC in its consultation document including the segmentation of order flow and the proposed market making program.

Click on the above link for more details.