TSX and TMX Select to implement Cancel on Disconnect functionality

Posted on December 2, 2011

As we discussed in October, TSX Inc. and TMX Select Inc. recently proposed the implementation of cancel on disconnect functionality that would provide the automatic cancellation of orders in the event of involuntary loss of connectivity between TMX and a client site. The TSX and TMX Select received no comment letters on their proposal and have now stated that they will publish a notice setting out the implementation date of the functionality.

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