23-101 - Trading Rules [NI - Rescinded]

Concurrently Published:

• 23-101CP - Trading Rules [CP - Rescinded]

Table of Contents

PART 1 DEFINITION AND INTERPRETATION
1.1 Definition
1.2 Interpretation - NI 21-101

PART 2 APPLICATION OF THIS INSTRUMENT
2.1 Application of this Instrument

PART 3 MANIPULATION AND FRAUD
3.1 Manipulation and Fraud

PART 4 BEST EXECUTION
4.1 Application of this Part
4.2 Best Execution
4.3 Order and Trade Information

PART 5 REGULATORY HALTS
5.1 Regulatory Halts

PART 6 ORDER PROTECTION
6.1 Marketplace Requirements for Order Protection
6.2 List of Trade-throughs
6.3 Systems or Equipment Failure, Malfunction or Material Delay
6.4 Market Participant Requirements for Order Protection
6.5 Locked or Crossed Orders
6.6 Trading Hours
6.7 Anti-Avoidance
6.8 Application of this Part

PART 7 MONITORING AND ENFORCEMENT OF REQUIREMENTS SET BY A RECOGNIZED EXCHANGE AND A RECOGNIZED QUOTATION AND TRADE REPORTING SYSTEM
7.1 Requirements for a Recognized Exchange
7.2 Agreement between a Recognized Exchange and a Regulation Services Provider
7.3 Requirements for a Recognized Quotation and Trade Reporting System
7.4 Agreement between a Recognized Quotation and Trade Reporting System and a
Regulation Services Provider
7.5 Co-ordination of Monitoring and Enforcement

PART 8 MONITORING AND ENFORCEMENT REQUIREMENTS FOR AN ATS
8.1 Pre-condition to Trading on an ATS
8.2 Requirements Set by a Regulation Services Provider for an ATS
8.3 Agreement between an ATS and a Regulation Services Provider
8.4 Agreement between an ATS and its Subscriber
8.5 [Repealed]

PART 9 MONITORING AND ENFORCEMENT REQUIREMENTS FOR AN INTERDEALER BOND BROKER
9.1 Requirements Set by a Regulation Services Provider for an Inter-Dealer Bond Broker
9.2 Agreement between an Inter-Dealer Bond Broker and a Regulation Services Provider
9.3 Exemption for an Inter-Dealer Bond Broker

PART 10 MONITORING AND ENFORCEMENT REQUIREMENTS FOR A DEALER EXECUTING TRADES OF UNLISTED DEBT SECURITIES OUTSIDE OF A MARKETPLACE
10.1 Requirements Set by a Regulation Services Provider for a Dealer Executing Trades of Unlisted Debt Securities Outside of a Marketplace
10.2 Agreement between a Dealer Executing Trades of Unlisted Debt Securities Outside of a Marketplace and a Regulation Services Provider
10.3 [Repealed]

PART 11 AUDIT TRAIL REQUIREMENTS
11.1 Application of this Part
11.2 Audit Trail Requirements for Dealers and Inter-Dealer Bond Brokers
11.3 Transmission in Electronic Form

PART 12 EXEMPTION
12.1 Exemption

PART 13 EFFECTIVE DATE
13.1 Effective Date