The proposal follows a recent price war among marketplaces
Study to analyze the effects of exchange trading fee and rebate pricing models
The changes, if approved, will take effect May 1
Wealthsimple Trade gives users access to stock trading with no minimum account size or paperwork
Regulator plans to study the effects of curbing trading venues’ fee/rebate structures
CSA to co-ordinate with U.S. regulator
Proposed pilot would examine the effects of a prohibition of rebate payments by Canadian marketplaces
The three academics will determine the design of the pilot study using the U.S SEC’s proposed transaction fee pilot as a basis
Revised fee schedule aims to boost liquidity
The reductions are consistent with the CSA’s amendments to trading fee caps