News Centre

NYSE Proposal To Phase Out The Functionality Associated With Liquidity Replenishment Points To Coincide With The Implementation Of The Limit Up – Limit Down Plan

Date 03/04/2013

Pursuant to the provisions of Section 19(b)(1) of the Securities Exchange Act of 1934 (the “Act”) and Rule 19b-4 thereunder, NYSE MKT LLC (“NYSE MKT” or “Exchange”) proposes to phase out the functionality associated with liquidity replenishment points (“LRPs”) to coincide with the implementation of the Limit Up – Limit Down Plan (the “Plan”) by adding language to NYSE MKT Rule 1000 - Equities that, beginning on April 8, 2013, LRPs will no longer be in effect for Tier 1 NMS Stocks, and on the earlier of August 1, 2013 or such date as Phase II of the Limit Up – Limit Down Plan is implemented, LRPs will no longer be in effect for all NMS Stocks.

TMX Group Consolidated Trading Statistics – March 2013 - Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha, Montreal Exchange, NGX

Date 03/04/2013

TMX Group Limited today announced March 2013 trading statistics for its diversified group of exchanges – Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange (MX), Natural Gas Exchange (NGX), TMX Select and Alpha.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Composite And Capped REIT Indices

Date 03/04/2013

S&P Dow Jones Canadian Index Services will make thef ollowing changes in the S&P/TSX Canadian Indices:

The unitholders of Primaris Retail REIT (TSX:PMZ.UN) have agreed to the Plan of Arrangement with H&R Real Estate Investment Trust (TSX:HR.UN). Primaris Retail REIT unitholders will receive $28 cash or 1.166 units of H&R REIT (or a combination of the two) for each unit held. Primaris Retail REIT will be removed from the S&P/TSX Composite, Capped Composite and Composite Equal Weight, the S&P/TSX Completion, the S&P/TSX Capped REIT, Capped Real Estate and Income Trust, the S&P/TSX Composite Dividend and the S&P/TSX Equity Income Indices after the close of trading on Monday, April 8, 2013. At the same time, the relative weight of H&R REIT will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion, the S&P/TSX Capped REIT, Capped Real Estate and Income Trust, the S&P/TSX Composite Dividend and the S&P/TSX Equity Income Index to reflect the issuance of new units as part of the transaction. There will be no weight change for H&R REIT in the S&P/TSX Composite Equal Weight or the S&P/TSX Composite Low Volatility Indices.

Marc Fagel, Director Of San Francisco Office, To Leave SEC

Date 03/04/2013

The Securities and Exchange Commission today announced that Marc Fagel, the director of the San Francisco Regional Office, will be leaving the agency later this month for the private sector. He has worked at the SEC for more than 15 years.

Direct Edge Trading Notice #13-14: Limit Up-Limit Down And Market-Wide Circuit Breaker Update

Date 03/04/2013

Effective Monday, April 8, 2013, Phase 1 of Limit Up-Limit Down (LULD) will begin for Tier 1 securities.  The Phase 1 symbol rollout schedule is listed in the chart below. In addition, all Regulation NMS securities will become subject to the new Market-Wide Circuit Breaker (MWCB) rules on April 8, 2013.

SEC Streamlines Rule Filing Requirements For Dually Registered Clearing Agencies

Date 03/04/2013

The Securities and Exchange Commission today announced a final rule that streamlines the process for rulemaking by clearing agencies that are registered with both the SEC and the Commodity Futures Trading Commission (CFTC).

CFTC Issues Final Order To Exempt Certain Specified Transactions Of Regional Transmission Organizations And Independent System Operators

Date 03/04/2013

The Commodity Futures Trading Commission (CFTC) approved a final order that exempts certain specified transactions of Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) from certain provisions of the Commodity Exchange Act (CEA) and Commission regulations. This order is in response to a petition from certain RTOs and ISOs that are subject to regulation by either the Federal Energy Regulatory Commission (FERC) or the Public Utility Commission of Texas (PUCT). The Commission voted 5 to 0 via seriatim.

TMX Group: Important Notice Regarding The Consolidated Short Position Report - March 31, 2013

Date 03/04/2013

Important Notice Regarding the Consolidated Short Position Report: IIROC has identified an error in a Participant’s reporting practice that has affected positions displayed in the Consolidated Short Position Report (CSPR). IIROC has been advised that the Participant’s error has been addressed in its reporting for the CSPR as at March 31, 2013. Please refer to the IIROC Notice for further information.

April 2013 InBOX April 2013 InBOX

Date 03/04/2013

This is the April issue of InBOX, your news source from inside the BOX Options Exchange. This monthly publication will provide convenient summaries of recent developments at BOX.

CFTC Issues Final Order To Exempt Certain Non-Financial Energy Derivative Transactions between Government And/Or Cooperatively-Owned Electric Utilities

Date 03/04/2013

The Commodity Futures Trading Commission (CFTC) approved by a seriatim vote of 5 - 0 a Final Order that exempts certain non-financial energy derivative transactions between and amongst government-owned electric utilities and cooperatively-owned electric utilities from most of the requirements of the Commodity Exchange Act (CEA). The entities eligible for the relief are charged with a unique public service mission of providing their customers with reliable, affordable electric energy service. The Dodd-Frank Wall Street Reform and Consumer Protection Act directed the Commission to provide such an exemption for certain transactions between certain electric utilities if it is in the public interest. The Commission issued a Proposed Order on August 23, 2012, and requested public comments for 30 days. The Final Order makes changes, mostly clarifying and technical, to the Proposed Order based on the comments received.