The TSX Inc. is seeking comment on rule changes implementing an additional POSIT session.

POSIT Canada is an electronic order-matching system that prices trades at the mid-point of the bid and ask prices in the continuous market. All orders are completely anonymous with trade reports showing an anonymous broker number.

On December 17, 2002 the TSX’s board approved amendments to its rules to allow for an additional match to be conducted in POSITCanada. Currently, POSIT conducts matches twice daily at 10:30 ET and 14:30 ET. The exchange proposes to add a daily match to POSIT at 9:50 ET.

In order to implement changes to allow for an additional POSIT match, the exchange proposes to introduce amendments to certain of the rules of the exchange. The amendments will be effective upon approval by the Ontario Securities Commission following public notice and comment.

Comments on the proposed amendments are required to be submitted by February 3.