CANADA: MX Announces Amendments to Rules of Concerning Trading Halts on Equity Index Futures

Thursday May 13 2021

On 12^th May 2021, the Montréal Exchange (MX) announced that the Rules and Policies Committee of Bourse de Montréal Inc has approved amendments to the Rules of the Bourse in order to modify the rules pertaining to trading halts for certain index futures. The Bourse further proposes to modify the overnight trading range applicable to its index futures.

The amendments were self-certified in accordance with the self-certification process as established in the Derivatives Act (CQLR, Chapter I-14.01).

The amendments will become effective on May 28, 2021, after market close. Please note that the revised articles will also be available on the Bourse’s website (www.m-x.ca).

The amendments described in the circular were published for public comment by the Bourse on March 22, 2021 (see circular 053-21). Further to the publication of this circular, no comment was received by the Bourse.

Click on the above link for further information.