Notice 2020-008 - CSE Trading Fee Schedule
August 18, 2020
The Canadian Securities Exchange announces changes to its trading fee schedule that will take effect on September 1, 2020, subject to regulatory approval.
Specifically, the changes are as follows:
- The passive fee will be eliminated resulting in no charge for dark trading on CSE listed, TSX and TSX-V listed Securities.
- Oddlot fees for CSE listed securities will be eliminated.
- Flat fees will be reduced to $2 either side where applicable.
- For TSX-V listed securities below $0.10, the volume threshold will be reduced to 200,000.
1. Dark Trading Fee
Current Trading Fee
| Active Fee | Passive Fee | |
|
CSE Listed - Less than $1.00 - Equal to or greater than $1.00 |
No charge No charge |
$0.0001 with a $5 cap $0.0001 |
| TSX-V and TSX Listed | No charge | $0.00005 |
New Trading Fee
| Active Fee | Passive Fee | |
| CSE, TSX-V and TSX Listed | No charge | No charge |
2. Oddlot Trading Fee
Current Trading Fee
| Active Fee | Passive Fee | |
| CSE Listed | $0.0002 | $0.0002 |
New Trading Fee
| Active Fee | Passive Fee | |
| CSE Listed | No charge | No charge |
3. Flat Fee and Threshold Adjustments
Current Trading Fee
| Active Fee | Passive Fee | |
|
TSX-V Listed - Less than $0.10 |
-$0.0002
$10 Flat Fee >=400,000 Shares |
$0.0004
$10 Flat Fee >=400,000 Shares |
| TSX-V Listed - Equal to or greater than $0.10 |
-$0.0002
$15 Flat Fee >=200,000 Shares |
$0.0004
$15 Flat Fee >=200,000 Shares |
| TSX Listed - Less than $1.00 |
-$0.0002
$15 Flat Fee >=200,000 Shares |
$0.0004
$15 Flat Fee >=200,000 Shares |
New Trading Fee
| Active Fee | Passive Fee | |
|
TSX-V Listed |
-$0.0002
$2 Flat Fee >=200,000 Shares |
$0.0004
$2 Flat Fee >=200,000 Shares |
| TSX Listed - Less than $1.00 |
-$0.0002
$2 Flat Fee >=200,000 Shares |
$0.0004
$2 Flat Fee >=200,000 Shares |
Current Trading Fee - Market Makers
| Active Fee | Passive Fee | |
|
TSX-V Listed - Less than $0.10 |
-$0.0002
$10 Flat Fee >=400,000 Shares |
$0.0002
$10 Flat Fee >=400,000 Shares |
| TSX-V Listed - Equal to or greater than $0.10 |
-$0.0002
$15 Flat Fee >=200,000 Shares |
$0.0002
$15 Flat Fee >=200,000 Shares |
| TSX Listed - Less than $1.00 |
-$0.0002
$15 Flat Fee >=200,000 Shares |
$0.0004
$15 Flat Fee >=200,000 Shares |
New Trading Fee - Market Makers
| Active Fee | Passive Fee | |
|
TSX-V Listed |
-$0.0002
$2 Flat Fee >=200,000 Shares |
$0.0002
$2 Flat Fee >=200,000 Shares |
| TSX Listed - Less than $1.00 |
-$0.0002
$2 Flat Fee >=200,000 Shares |
$0.0004
$2 Flat Fee >=200,000 Shares |
Quick link:
If you have any questions or require further information, please contact:
trading@thecse.com
416.367.7347
www.thecse.com
