Becoming a Participating Organization
There are three primary requirements that a firm must meet to become a Participating Organization of Toronto Stock Exchange (TSX) and/or Member of the TSX Venture Exchange:
- Must be a member of a self-regulatory organization (SRO) www.iiroc.ca
- Must have a CDS clearing account; and/or relationship with clearing facilitator. www.cds.ca
- Must establish electronic access to TSX and/or TSX Venture Trading Engine
In addition, there are several forms and applications that need to be completed in order to become a Participating Organization:
- Complete a Participating Organization/Member Application
- Complete a Personal Information Form for each controlling shareholder, director and officer
- Complete a Participating Organization/Member Agreement for the TSX and/or TSX Venture Exchange.
- Review Part II of the TSX Rule Book, "Access to Trading".
Market integrity rules (UMIR) are administered by IIROC. Trading rules are found in the TSX Rule Book and Policies and in the TSX Venture Rule Book. You can use the links below to access these documents.
Part II of the TSX Rule Book and Rule D of the TSX Venture Rule Book set out the rules applicable to applications and acceptance as a Participating Organization on TSX and TSX Venture. By signing the Participating Organization Agreement, you will agree to comply with and be bound by the TSX or TSX Venture Rules as applicable, UMIR and other applicable securities laws. You will also agree to the indemnification and limitation of liability provisions contained in TSX Rule 2-307 and TSX Venture Rule D.4.00.
- TSX Rule Book and Policies
- TSX Venture Exchange Rule Book and Policies
- Investment Industry Regulatory Organization of Canada (IIROC)
For more detailed information and/or applications and forms, please contact a TSX Markets Account Manager.
