Wednesday March 29 2017
Omega Securities Inc. (OSI) will, effective April 1, 2017, utilize market data from the following marketplaces for establishing the Canadian best bid and offer (CBBO). This change is occurring in accordance with National Instrument 23-101 for Omega ATS and Lynx ATS. The list of protected marketplaces are:
- Omega ATS
- Nasdaq CXC
- Nasdaq CX2
- Venture
- TSX
- CSE
Only quotes from the above protected marketplaces will be considered for the purposes of the Order Protection Rule (OPR) as well as establishing the midpoint for Omega’s Midpoint Peg (MPP) dark orders.
Users of Omega’s Smart Order Router (SOR) may choose to sweep only protected or both protected and unprotected markets. Should you have any questions please contact OSI’s operations team at [email protected]
For further information on Omega ATS please contact OSI at: [email protected]
