Thursday March 20 2025
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: Canada
The Regulatory Division (Division) of Bourse de Montréal Inc. (MX) announced the release of a new application on the Participant Portal to submit reports of accumulated positions Large Open Position Reports (New LOPR App).
The New LOPR App is available and replaces the LOPR Notification Portal which will be decommissioned and will no longer be available as of May 7th, 2025.
Under Article 6.500 of the Rules of the Bourse each Approved Participant must file a report of accumulated positions daily using the LOPR Tool prescribed in the LOPR Regulatory Requirements Guide. Participants are reminded that the LOPR Notification Portal, now being replaced with the New LOPR App, does not in any way replace the prescribed way these reports must be submitted to the Bourse daily (the LOPR Tool). The New LOPR App is to be used only to provide the report when technical issues prevent its transmission in the prescribed LOPR Tool. The following are some notable highlights for Participants:
- The New LOPR App can be accessed via the Participant Portal.
- Information required to be included within the report remains unchanged.
- A User Guide, including file templates and specifications, are available on the Participant Portal.
Click on the above link for further information