The move to extend trading hours is in response to an increase in activity and demand from global clients of Canada’s derivative exchange
The exchange will open its market at 2 a.m. beginning Oct. 9
Special committee looking to fill independent member vacancy
The derivatives exchange also proposes measure to enhance market access for its global participants
The exchange is seeking to amend its rules to ensure that the special committee that oversees its regulatory division is a committee of its board
The group will soon create an industry advisory group to gain insights on regulatory issues and get feedback on rule proposals and guidance
Julie Rochette, previously director, enforcement and legal counsel with the MX, has taken over the role from Brian Gelfand
A surge in activity in several key MX products contributed to the 20% gain in volume, year-over-year
The guidance will allow market participants to understand the underlying principles the exchange uses when it determines disciplinary sanctions
The subject of the complaint will be able to make submissions and request a hearing before a fine is imposed