Regulation 23-101 respecting Trading Rules (V-1.1, r. 6)  

Notice of the Autorité des marchés financiers

CSA Notice

Notice of publication

Date of publication in the BulletinText
April 23, 2026Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 100 KB)This link will open in a new windowUpdated on April 23, 2026Regulation to amend Regulation 23-101 respecting Trading Rules.
April 23, 2026Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 114 KB)This link will open in a new windowUpdated on April 23, 2026Changes to Policy Statement to Regulation 23-101 respecting Trading Rules
April 23, 2026CSA Notice of publication : Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 300 KB)This link will open in a new windowUpdated on April 23, 2026CSA Notice of Publication: Regulation to amend Regulation 23-101 respecting Trading Rules
January 23, 2025Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 107 KB)This link will open in a new windowUpdated on January 23, 2025
End of consultation: March 24, 2025
January 23, 2025Draft Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 133 KB)This link will open in a new windowUpdated on January 23, 2025
End of consultation: March 24, 2025
January 23, 2025CSA Notice of consultation: Draft Regulation to amend Regulation 23-101 respecting Trading Rules and Draft Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 382 KB)This link will open in a new windowUpdated on January 23, 2025
April 6, 2017Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 84 KB)This link will open in a new windowUpdated on April 6, 2017"Regulation, amend, 23-101, trading rules"
In force on April 4, 2017
April 6, 2017Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 21 KB)This link will open in a new windowUpdated on April 6, 2017"amendment, Policy Statement, Regulation, 23-101, Trading Rules"
In force on April 4, 2017
January 26, 2017Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 25 KB)This link will open in a new windowUpdated on January 26, 2017Trading Fee
January 26, 2017 Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 17 KB)This link will open in a new windowUpdated on January 26, 2017Trading Fee
January 26, 2017Notice of publication: Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 77 KB)This link will open in a new windowUpdated on January 26, 2017Trading Fee - Trading Fee
 Regulation 23-101 respecting Trading Rules (pdf - 376 KB)This link will open in a new windowUpdated on April 10, 2017regulation,23-101,trading,rules (official version)
In force from October 1, 2016 to April 9, 2017
 Regulation 23-101 respecting Trading Rules (pdf - 374 KB)This link will open in a new windowUpdated on September 27, 2016regulation,23-101,trading,rules (official version)
In force from July 6, 2016 to September 30, 2016  
 Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 293 KB)This link will open in a new windowUpdated on April 10, 2017"Policy Statement, Regulation, 23-101, Trading Rules" (consolidated version)
In force from July 6, 2016 to April 9, 2017
June 30, 2016Regulation to amend Regulation 23-101 respecting Trading Rules (PDF - 78 KB)This link will open in a new windowUpdated on June 22, 2016
In force on July 6, 2016
June 30, 2016Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 110 KB)This link will open in a new windowUpdated on June 30, 2016"Policy, Statement, Regulation, 23-101, Trading, Rules"
In force on July 6, 2016
April 7, 2016Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 23 KB)This link will open in a new windowUpdated on April 7, 2016Order protection rule - Order protection rule
April 7, 2016  Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 158 KB)This link will open in a new windowUpdated on April 7, 2016Order protection rule - Order protection rule
April 7, 2016CSA Notice of Publication: Regulation to amend Regulation 23-101 respecting Trading Rules and Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 258 KB)This link will open in a new windowUpdated on April 7, 2016Order protection rule- Order protection rule
April 7, 2016Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 21 KB)This link will open in a new windowUpdated on April 7, 2016Trading Fees - Trading Fees
End of consultation: July 6, 2016
April 7, 2016CSA Notice and Request for Comment: Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 69 KB)This link will open in a new windowUpdated on April 7, 2016trading fees - Trading Fees
 Regulation 23-101 respecting Trading Rules (pdf - 318 KB)This link will open in a new windowUpdated on July 5, 2016 (consolidated official version)
In force from October 1, 2015 to July 5, 2016
 Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 252 KB)This link will open in a new windowUpdated on July 5, 2016 (consolidated version)
In force from October 1, 2015 to July 5, 2016
September 24, 2015Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 99 KB)This link will open in a new windowUpdated on September 24, 2015"Regulation,amend,23-101,trading rules"
In force on October 1, 2015
September 24, 2015Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 48 KB)This link will open in a new windowUpdated on September 24, 2015"Amendments,Policy Statement,Regulation,23-101,Trading Rules"
In force on October 1, 2015
June 25, 2015Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 26 KB)This link will open in a new windowUpdated on June 23, 2015 
June 25, 2015Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 44 KB)This link will open in a new windowUpdated on June 23, 2015"policy statement,Regulation,23-101,Trading Rules"
June 25, 2015CSA Notice of publication: Regulation to amend Regulation 21-101 respecting Marketplace Operation and Regulation to amend Regulation 23-101 respeting Trading Rules (pdf - 142 KB)This link will open in a new windowUpdated on June 25, 2015"CSA Notice of Publication,Regulation,amend ,21-101,Marketplace Operation,23-101, Trading Rules"
June 18, 2015Draft Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 18 KB)This link will open in a new windowUpdated on June 12, 2015Order Protection Rule - Application of the Order Protection Rule to Marketplaces Imposing Systematic Order Processing Delays
End of consultation : August 17, 2015
June 18, 2015CSA Notice and Request for Comment: Draft Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules: Application of the Order Protection Rule to Marketplaces Imposing Systematic Order Processing Delays (pdf - 89 KB)This link will open in a new windowUpdated on September 28, 2020Order Protection Rule
May 15, 2014Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 33 KB)This link will open in a new windowUpdated on May 20, 2014Order Protection Rules
End of consultation: September 19, 2014
May 15, 2014Draft Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 136 KB)This link will open in a new windowUpdated on May 20, 2014Order Protection Rules (blacklined version)
End of consultation: September 19, 2014 
May 15, 2014CSA Notice and Request for Comment: Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 942 KB)This link will open in a new windowUpdated on May 20, 2014Order protection rules - Order protection rules 
April 24, 2014Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 26 KB)This link will open in a new windowUpdated on April 24, 2014Trading Rules
End of consultation: July 24, 2014
April 24, 2014Draft Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 96 KB)This link will open in a new windowUpdated on April 24, 2014Trading Rules
End of consultation: July 24, 2014
April 24, 2014CSA Notice and Request for Comment: Draft Regulation to amend Regulation 21-101 respecting Marketplace Operation and Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 152 KB)This link will open in a new windowUpdated on April 24, 2014Marketplace Operatio and Trading Rules
 Regulation 23-101 respecting Trading Rules (pdf - 289 KB)This link will open in a new windowUpdated on October 1st, 2015Trading rules (consolidated version)
In force from July 1, 2012 to September 30, 2015
 Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 247 KB)This link will open in a new windowUpdated on October 1st, 2015policy,statement,regulation,23-101,trading,rules (consolidated version)
In force from July 1, 2012 to September 30, 2015
June 28, 2012Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 6 MB)This link will open in a new windowUpdated on July 1st, 2012
In force on July 1, 2012
June 28, 2012Amendment to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 17 KB)This link will open in a new windowUpdated on July 1st, 2012
In force on July 1, 2012
March 23, 2012Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 8 MB)This link will open in a new windowUpdated on March 26, 2012
March 23, 2012Amendment to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 8 MB)This link will open in a new windowUpdated on March 26, 2012
March 23, 2012  Notice of publication: Regulation to amend Regulation 21-101 respecting Marketplace Operation and Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 8 MB)This link will open in a new windowUpdated on March 23, 2012
March 18, 2011Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 7 MB)This link will open in a new windowUpdated on April 28, 2011
March 18, 2011Draft Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 7 MB)This link will open in a new windowUpdated on April 28, 2011 (blacklined version)
March 18, 2011Notice and Request for Comment: Draft Regulation to amend Regulation 21-101 respecting Marketplace Operation and Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 7 MB)This link will open in a new windowUpdated on April 28, 2011
 Regulation 23-101 respecting Trading Rules (pdf - 272 KB)This link will open in a new windowUpdated on July 1st, 2012 (administrative consolidated version)
In force from January 28, 2010 to June 30, 2012
 Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 597 KB)This link will open in a new windowUpdated on July 1st, 2012 (administrative consolidated version)
In force from January 28, 2010 to June 30, 2012
January 29, 2010Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 3 MB)This link will open in a new windowUpdated on February 1st, 2010
In force on January 28, 2010
January 29, 2010Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 3 MB)This link will open in a new windowUpdated on February 1st, 2010
In force on January 28, 2010
December 18, 2009Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 11 MB)This link will open in a new windowUpdated on December 21, 2009 (Technical corrections)
December 18, 2009Amendments to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 11 MB)This link will open in a new windowUpdated on December 21, 2009 (Technical corrections) 
December 18, 2009Notice: Technical Corrections to Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 11 MB)This link will open in a new windowUpdated on December 18, 2009 
November 13, 2009Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 4 MB)This link will open in a new windowUpdated on November 17, 2009 
November 13, 2009Amendment to Policy Statement to Regulation 23-101 respecting Trading Rules  (pdf - 4 MB)This link will open in a new windowUpdated on November 17, 2009
November 13, 2009  Notice of publication: Regulation to amend Regulation 23-101 respecting Trading Rules and Amendment to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 5 MB)This link will open in a new windowUpdated on November 13, 2009 
October 17, 2008Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 2 MB)This link will open in a new windowUpdated on April 30, 2009
October 17, 2008Draft Amendment to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 2 MB)This link will open in a new windowUpdated on April 30, 2009
October 17, 2008Request for comment: Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 2 MB)This link will open in a new windowUpdated on April 30, 2009
 Regulation 23-101 respecting Trading Rules (pdf - 438 KB)This link will open in a new windowUpdated on April 30, 2009(administrative consolidated version)
In force from September 12, 2008 to January 27, 2010
 Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 257 KB)This link will open in a new windowUpdated on April 30, 2009 (administrative consolidated version)
In force from September 12, 2008 to January 27, 2010
September 5, 2008Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 2 MB)This link will open in a new windowUpdated on April 30, 2009
In force on September 12, 2008
September 5, 2008Amendment to Companion Policy 23-101, Trading Rules (pdf - 2 MB)This link will open in a new windowUpdated on April 30, 2009
In force on September 12, 2008
June 20, 2008Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 2 MB)This link will open in a new windowUpdated on April 30, 2009
June 20, 2008Amendment to Companion Policy 23-101, Trading Rules (pdf - 2 MB)This link will open in a new windowUpdated on April 30, 2009
June 20, 2008Notice of publication: Regulation 23-101 respecting Trading Rules (pdf - 2 MB)This link will open in a new windowUpdated on June 20, 2008 
April 20, 2007Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 4 MB)This link will open in a new windowUpdated on April 30, 2009 
April 20, 2007Draft Amendment to Policy Statement to Regulation 23-101 respecting Trading Rules (pdf - 4 MB)This link will open in a new windowUpdated on April 30, 2009 
April 20, 2007Joint Canadian Securities Administrators / Market Regulation Services Inc. - Notice on trade through protection, best execution and access to marketplaces - Draft Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 4 MB)This link will open in a new windowUpdated on April 30, 2009
 Regulation 23-101 respecting Trading Rules (pdf - 837 KB)This link will open in a new windowUpdated on April 30, 2009 (administrative consolidated version)
In force from March 21, 2007 to September 11, 2008
 Companion Policy 23-101, Trading Rules (pdf - 837 KB)This link will open in a new windowUpdated on April 30, 2009 (administrative consolidated version)
In force from March 21, 2007 to September 11, 2008
March 23, 2007Regulation to amend National Instrument 23-101, Trading Rules (pdf - 3 MB)This link will open in a new windowUpdated on April 30, 2009
In force on March 21, 2007
March 23, 2007Companion Policy 23-101, Trading Rules (pdf - 3 MB)This link will open in a new windowUpdated on April 30, 2009
In force on March 21, 2007
December 15, 2006Regulation to amend National Instrument 23-101, Trading Rules (pdf - 3 MB)This link will open in a new windowUpdated on April 30, 2009
December 15, 2006Amendment to Companion Policy 23-101, Trading Rules (pdf - 3 MB)This link will open in a new windowUpdated on April 30, 2009
December 15, 2006Notice of publication: Amendment to National Instrument 23-101, Trading Rules and Companion Policy 23-101, Trading Rules (pdf - 3 MB)This link will open in a new windowUpdated on December 15, 2006
July 14, 2006Draft Regulation to amend National Instrument 23-101, Trading Rules (pdf - 271 KB)This link will open in a new windowUpdated on April 30, 2009
July 14, 2006Draft Amendment to Companion Policy 23-101, Trading Rules (pdf - 274 KB)This link will open in a new windowUpdated on April 30, 2009
July 14, 2006Request for comment: Amendments to National Instrument 23-101, Trading Rules and Companion Policy 23-101, Trading Rules (pdf - 725 KB)This link will open in a new windowUpdated on April 30, 2009
June 18, 2004Draft Regulation to amend National Instrument 23-101, Trading Rules (pdf - 284 KB)This link will open in a new windowUpdated on April 30, 2009
June 18, 2004Draft Amendment to Companion Policy 23-101, Trading Rules (pdf - 269 KB)This link will open in a new windowUpdated on April 30, 2009
June 18, 2004Avis de consultation : Règlement modifiant la Norme canadienne 23-101, Les règles de négociation et Modification à l'Instruction complémentaire 23-101, Les règles de négociation (pdf - 845 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)
July 11, 2003Règlement modifiant la version anglaise du Règlement 23-101 sur les règles de négociation (pdf - 382 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)
July 11, 2003Modifications de la version anglaise de l'Instruction générale relative au Règlement 23-101 sur les règles de négociation (pdf - 272 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)
July 11, 2003Avis de consultation : Règlement modifiant la Norme canadienne 23-101, Les règles de négociation et modification de l'Instruction complémentaire 23-101, Les règles de négociation (pdf - 672 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only) 
August 31, 2001National Instrument 23-101, Trading Rules (pdf - 218 KB)This link will open in a new windowUpdated on April 30, 2009
In force on December 1, 2001
August 31, 2001Companion Policy 23-101, Trading Rules (pdf - 212 KB)This link will open in a new windowUpdated on April 30, 2009
In force on December 1, 2001
August 31, 2001Notice of publication : National Instrument 21-101, Marketplace Operation and National Instrument 23-101, Trading Rules (pdf - 61 KB)This link will open in a new windowUpdated on August 31, 2001
August 4, 2000Projet de Norme canadienne 23-101, Les règles de négociation (pdf - 304 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)
August 4, 2000Projet d'Instruction complémentaire 23-101, Les règles de négociation (pdf - 293 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)
August 4, 2000Avis de consultation : Norme canadienne 23-101, Les règles de négociation et de l'Instruction complémentaire 23-101 (pdf - 566 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)
August 27, 1999Projet de Norme canadienne 23-101, Les règles de négociation (pdf - 227 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)
August 27, 1999Projet d'Instruction complémentaire 23-101, Les règles de négociation (pdf - 222 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)
August 27, 1999Avis de consultation : Norme canadienne 23-101, Les règles de négociation et de l'Instruction complémentaire 23-101 (pdf - 423 KB)This link will open in a new windowUpdated on April 30, 2009 (Available in french only)