Maximum annual listing fee rises to $125,000
There is an increased possibility that legal challenges will be successful, Moody’s report says
NYSE Arca and Nadaq failed to prove fees challenged by SIMFA were fair
Initially proposed in July, the program will launch Nov. 1
The new platform, which the CSA says will replace its current system, “will capture a broad array of market and transaction data to improve insight and support market integrity”
The proposed changes aim boost trading volume and enhance market quality
The exchange operator will conduct an internal test this weekend
The proposed program is expected to take effect on Nov. 1
CHX will continue to operate as a registered securities exchange
Trading volume and value across all Canadian marketplaces declined for the Q1 2018