An exchange is an organized market on which securities, such as shares, options and futures contracts, are traded.

This section lists current decisions pertaining to recognitions or exemptions from recognition in respect of entities acting as exchanges as well as amendments to, or the application of, such decisions. All other decisions are available in the AMF Bulletin.

* Please note that most of the following documents are available in French only.

Aequitas Neo Exchange Inc.

Exemption from recognition of Aequitas Innovations Inc. and Aequitas Neo Exchange Inc. as an exchange — (Decision 2014-PDG-0168 (pdf - 64 KB)This link will open in a new windowUpdated on 8 December 2014dispence de reconnaissance à titre de bourse dated 2014-12-03, Bulletin 2014-12-11, Vol. 11, No. 49)

Alpha Exchange Inc.

Exemption from recognition of Alpha Exchange Inc. as an exchange — (Decision No. 2012-PDG-0024 (pdf - 154 KB)This link will open in a new windowUpdated on 22 March 2016Décision N° 2012-PDG-0024, Alpha Exchange inc., dispense, reconnaissance, bourse, Groupe TMX dated 2012-03-13, Bulletin 2012-03-16, Vol. 9, No. 11)

Canadian Securities Exchange (previously CNSX Markets Inc.)

Authorization decision — (Decision No. 2008-PDG-0258 (pdf - 211 KB)This link will open in a new windowUpdated on 22 March 2016autorisation, bourse, CNSX Markets Inc., CNSX, CSE, Canadian securities exchange, Canadian Trading and Quotation System Inc. dated 2008-10-31, Bulletin 2008-11-07, Vol. 5, No. 44)

Eurex Deutschland et Eurex Frankfurt AG

Exemptions from certain requirements of the Derivatives Act and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules — (Decision No. 2010-PDG-0036 (pdf - 47 KB)This link will open in a new windowUpdated on 22 March 2016dispense, reconnaissance, bourse, loi sur les instruments dérivés, dérivés, règlement 21-101, 21-101, 23-101, règlement 23-101, Eurex Deutschland, Eurex Frankfurt AG dated 2010-02-23, Bulletin 2010-02-26, Vol. 7, No. 8)

ICE Futures Europe

Exemption from recognition of ICE Futures Europe as an exchange — (Decision No. 2014-PDG-0177 (pdf - 220 KB)This link will open in a new windowUpdated on 5 January 2015dispense de reconnaissance dated 2014-12-16, Bulletin 2014-12-18, Vol. 11, No. 50)

ICE Futures U.S., Inc.

Exemption from recognition of ICE Futures U.S., Inc., as an exchange — (Decision No. 2014-PDG-0149 (pdf - 287 KB)This link will open in a new windowUpdated on 1st December 2014Dispense de reconnaissance d’ICE Futures U.S., Inc. dated 2014-11-20, Bulletin 2014-11-27, Vol. 11, No. 47)

Independent Electricity System Operator (IESO)

Authorization decision — (Decision No. 2004-PDG-0028 (pdf - 136 KB)This link will open in a new windowUpdated on 22 March 2016Société indépendante de gestion du marché de l’électricité, Société indépendante d’exploitation du réseau d’électricité, SIERE, autorisation, bourse dated 2008-04-28, Bulletin 2004-04-30, Vol. 1, No. 13)

London Stock Exchange plc

Authorization decision — (Decision N° 2007-PDG-0060 (pdf - 218 KB)This link will open in a new windowUpdated on 22 March 2016London Stock Exchange plc, London Stock Exchange, LSE, bourse, autorisation dated 2007-03-20, Bulletin 2007-03-23, Vol. 4, No. 12)

Montréal Exchange Inc.

Recognition of TMX Group Limited, TMX Group Inc. and Bourse de Montréal Inc. as an exchange and of Bourse de Montréal Inc. as a self-regulatory organization — (Decision No. 2012-PDG-0075 (pdf - 185 KB)This link will open in a new windowUpdated on 4 September 2012Décision dated 2012-05-02, Bulletin 2012-05-03, Vol. 9, No. 18)

Multilateral trading facility

Exemption of de Financial & Risk Transaction Services Ireland Limited Decision from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules - (Decision 2019-SMV-0045 (pdf - 195 KB)This link will open in a new windowUpdated on 8 November 2019 dated 2019-09-30, Bulletin 2019-10-03, Vol. 16, No 39)

Exemption of GFI Swaps Exchange Decision from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules – (Decision 2019-SMV-0049 (pdf - 187 KB)This link will open in a new windowUpdated on 21 November 2019 dated 2019-11-07, Bulletin 2019-11-14, Vol. 16, No 45.)

Nasdaq CXC Limited

Exemption from recognition of Ensoleillement Inc. and Nasdaq CXC Limited as an exchange - (Decision No. 2018-SMV-0006 (pdf - 225 KB)This link will open in a new windowUpdated on 26 February 2018Dispense, reconnaissance, bourse, Ensoleillement Inc., Nasdaq CXC Limited, CXCH, Nasdaq Canada, territoire, autorité, déposantes dated 2018-02-19, Bulletin 2018-02-22, Vol. 15, No. 7)

Natural Gas Exchange (NGX)

Recognition exemption — (Decision No. 2002-C-0439 (pdf - 160 KB)This link will open in a new windowUpdated on 22 March 2016Natural Gas Exchange Inc., Natural Gas Exchange, dispense, reconnaissance, bourse, NGX dated 2002-11-29, Bulletin 2003-03-14, Vol. 34, No. 10)

Nodal Exchange, LLC

Dispense de reconnaissance de Nodal Exchange, LLC à titre de bourse et de marché organisé, dispense d'agrément pour la création ou la mise en marché d'un dérivé et dispense des obligations prévues au Règlement 21-101 sur le fonctionnement du marché et auèglement 23-101 sur les règles de négociation — (Décision n° 2017-SMV-0033 (pdf - 233 KB)This link will open in a new windowUpdated on 20 July 2017Dispense, reconnaissance, Nodal Exchange, bourse, marché, organisé, article 12, loi, instruments, dérivés, agrément, article 82, obligations, Règlement, 21-101, 23-101, règles, négociation, 2017-smv-0033 du 2017-07-18, Bulletin du 2017-07-20, Vol. 14, n° 28)

Swaps Execution Facilities

Temporary exemption of Reuters Transaction Services Limited from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules — (Decision No. 2018-SMV-0046 (pdf - 405 KB)This link will open in a new windowUpdated on 13 February 2019Dispense temporaire de reconnaissance de Reuters Transaction Services Limited à titre de bourse et des obligations prévues au Règlement 21-101 sur le fonctionnement du marché et au Règlement 23-101 sur les règles de négociation dated 2018-10-19, Bulletin 2018-10-25, Vol. 15, n° 42)

Exemption of NEX SEF from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules  — (Decision No. 2017-SMV-0059 (pdf - 327 KB)This link will open in a new windowUpdated on 22 June 2018 du 2017-11-21, Bulletin 2017-11-23, Vol. 14, no 46)

Exemption of BGC Derivative Markets L.P. from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules — (Decision No. 2017-SMV-0049 (pdf - 305 KB)This link will open in a new windowUpdated on 31 October 2017BGC Derivative Markets LP, BGCDM, BGC, SEF, plateforme d’exécution de swaps, swaps, demande, dispense, autorité, valeurs, mobilières, Règlement 21-101, Règlement 23-101, Loi sur les instruments dérivés, LID, bourse du 2017-10-03, Bulletin du 2017-10-26, Vol. 14, no 42)

Exemption of Bloomberg SEF LLC from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules — (Decision No. 2017-SMV-0056 (pdf - 226 KB)This link will open in a new windowUpdated on 31 October 2017Bloomberg SEF LLC, Bloomberg SEF, Bloomberg, SEF, plateforme d’exécution de swaps, swaps, demande, dispense, autorité, valeurs, mobilières, Règlement 21-101, Règlement 23-101, Loi sur les instruments dérivés, LID, bourse dated 2017-10-23, Bulletin 2017-10-26, Vol. 14, no 42)

Exemption of ICE Swap Trade, LLC from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules  — (Decision No. 2017-SMV-0055 (pdf - 226 KB)This link will open in a new windowUpdated on 31 October 2017SEF, plateforme d’exécution de swaps, swaps, demande, dispense, autorité, valeurs, mobilières, Règlement 21-101, Règlement 23-101, Loi sur les instruments dérivés, LID, bourse dated 2017-10-23, Bulletin 2017-10-26, Vol. 14, no 42)

Exemption of tpSEF Inc. from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules — (Decision No. 2017-SMV-0048 (pdf - 225 KB)This link will open in a new windowUpdated on 31 October 2017tpSEF Inc.,TpSEF, SEF, plateforme d’exécution de swaps, swaps, demande, dispense, autorité, valeurs, mobilières, Règlement 21-101, Règlement 23-101, Loi sur les instruments dérivés, LID, bourse dated 2017-10-23, Bulletin 2017-10-26, Vol. 14, no 42)

Exemption of Tradition SEF Inc. from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules — (Decision No. 2017-SMV-0050 (pdf - 227 KB)This link will open in a new windowUpdated on 31 October 2017Tradition SEF Inc., Tradition SEF, Tradition, SEF, plateforme d’exécution de swaps, swaps, demande, dispense, autorité, valeurs, mobilières, Règlement 21-101, Règlement 23-101, Loi sur les instruments dérivés, LID, bourse dated 2017-10-23, Bulletin 2017-10-26, Vol. 14, no 42)

Exemption of TW SEF LLC from the obligation to be recognized as an exchange and from Regulation 21-101 respecting Marketplace Operation and Regulation 23-101 respecting Trading Rules — (Decision No. 2017-SMV-0058 (pdf - 232 KB)This link will open in a new windowUpdated on 31 October 2017trueEX LLC, trueEX, SEF, plateforme d’exécution de swaps, swaps, demande, dispense, autorité, valeurs, mobilières, Règlement 21-101, Règlement 23-101, Loi sur les instruments dérivés, LID, bourse dated 2017-10-23, Bulletin 2017-10-26, Vol. 14, no 42)

Extension of the temporary exemption from recognition as an exchange of GFI Swaps Exchange LLC and ICAP Global Derivatives Limited — (Decision No. 2014-PDG-0108 (pdf - 143 KB)This link will open in a new windowUpdated on 1st December 2014Dispenses temporaires de reconnaissance à titre de bourse dated 2014-09-23, Bulletin 2014-09-25, Vol. 11, No 38)

TSX Inc.

Exemption from recognition of TMX Group Limited, TMX Group Inc. and of TSX Inc., as an exchange — (Decision No. 2012-PDG-0079 (pdf - 47 KB)This link will open in a new windowUpdated on 4 September 2012Décision dated 2012-05-02, Bulletin 2012-05-03, Vol. 9, No. 18)

TSX Venture Exchange Inc.

Exemption from recognition of TMX Group Limited, TMX Group Inc. and of TSX Venture Exchange Inc., as an exchange — (Decision No. 2012-PDG-0080 (pdf - 49 KB)This link will open in a new windowUpdated on 4 September 2012Décision dated 2012-05-02, Bulletin 2012-05-03, Vol. 9, No. 18)

Memorandum of understanding

Memorandum of Understanding respecting the Oversight of Exchanges and Quotation and Trade Reporting Systems (pdf - 49 KB)This link will open in a new windowUpdated on 30 July 2009 (Bulletin 2009-12-18, Vol. 6, No. 50)