Securities Law

BCN 2011/06 - Publication for Comment of Proposed National Instrument 23-103 Electronic Trading and Direct Electronic Access to Marketplaces and Related Documents [BCN - Lapsed]

Published Date: 2011-04-08
Rescinded Date: 2012-10-25
Related Document(s):

Concurrently Published:

The Canadian Securities Administrators (CSA) are publishing for comment proposed National Instrument 23-103 Electronic Trading and Direct Electronic Access to Marketplaces and its related companion policy.

The attached CSA notice describes what we and other members of the CSA are proposing. The proposed rule would require:

  •  marketplace participants to manage the risks of marketplace access
  • dealers to manage the risks of providing direct electronic access
  • marketplaces to manage the risks of electronic trading

The CSA notice describes where you can direct your comments about the proposed changes. We will consider all comments received by July 8, 2011.

Questions
You may refer questions to:

Meg Tassie
Senior Advisor
British Columbia Securities Commission
(604) 899-6819
(800) 373-6393 (toll free across Canada)

Mark Wang
Manager, Legal Services
British Columbia Securities Commission
(604) 899-6658
(800) 373-6393 (toll free across Canada)

April 8, 2011

 


Brenda M. Leong
Chair

Ref:  National Instrument 23-103 Electronic Trading and Direct Electronic Access to Marketplaces
Companion Policy 23-103CP Electronic Trading and Direct Electronic Access to Marketplaces
Notice of Proposed National Instrument 23-103 Electronic Trading and Direct Electronic Access to Marketplaces

This Notice may refer to other documents. These documents can be found at the B.C. Securities Commission public website at www.bcsc.bc.ca in the section Securities Law & Policy: Policies & Instruments.