Trading Fees

Access Fees

Trading Service	Fee
Application	$3,000
Monthly Access	$1,250

Transactional Fees

Trade Type
Equity Trades	Fee / Share
Auction (Open, Close or Halt)
Trade Price / Share < $1	$0.0000
Trade Price / Share >= $1 & <$5	$0.0000
Trade Price / Share >= $5	$0.0000
Continuous Active - Exchange Traded Funds
Trade Price/Share < $1	$0.0003
Trade Price/Share >=$1	$0.0025
Continuous Active - Other
Trade Price / Share <$1	$0.0003
Trade Price / Share >= $1 & <$5	$0.0025
Trade Price / Share >= $5	$0.0028
IntraSpread^TM Active
Trade Price / Share <$1	$0.0001
Trade Price / Share >= $1 & <$5	$0.0004
Trade Price / Share >= $5	$0.0004
Continuous Passive - Exchange Traded Funds
Trade Price/Share <$1	-$0.0002
Trade Price/Share >=$1	-$0.0021
Continuous Passive - Other
Trade Price / Share <$1	$ -0.0002
Trade Price/Share >= $1 & <$5	$-0.0021
Trade Price / Share >= $5	$ -0.0025
IntraSpread^TM Passive
Trade Price / Share <$1	$0.0000
Trade Price/Share >= $1 & <$5	$0.0000
Trade Price / Share >= $5	$0.0000
Continuous Unintentional Crosses
Trade Price/Share <$1	$0.0001 (net)
Trade Price/Share >=$1 & <$5	$0.0004 (net)
Trade Price/Share >=$5	$0.0003 (net)
Printing Facility
Intentional Crosses	$0.0000
Odd Lot Trades - Exchange Traded Funds
Trade Price/Share <$1	$0.0003
Trade Price/Share >=$1	$0.0025
Odd Lot Trades - Other
Trade Price/Share <$1	$0.0003
Trade Price/Share >=$1 & <$5	$0.0025
Trade Price/Share>=$5	$0.0028
Note/Debenture Trades	Fee/$1,000 par value
Auction (open, close or halt)	$0.0000
Continuous Active	$0.0900
Continuous Passive	-$0.0800
IntraSpread^TM Active	$0.0100
IntraSpread^TM Passive	$0.0000
Continuous Unintentional Crosses	$0.0100 (net)
Printing Facility
Intentional Crosses	$0.0000
Odd Lot Trades	$0.0900
Specialty Trades	Fee/Share
All or Non Orders	See note 5
Iceberg Orders	See note 6

Notes

All fees quoted are in Canadian dollars.
Transactional Fees are GST/HST-exempt. GST/HST is charged only on Access Fees.
Fees relating to “Odd Lot Trades” do not pertain to trades executed by “Odd Lot Dealers” relating to their obligations as an “Odd Lot Dealer”. Such fees are set out in the Odd Lot Dealer Agreement.
Continuous unintentional crosses will be charged on a net basis. For invoicing purposes, unless using the Alpha Billing Facility, the active side and the passive side of the trade will be charged the amount equal to the corresponding Continuous Active and Continuous Passive fees. Subscribers using the Alpha Billing Facility can select different fees for the active side and for the passive side of the trade while respecting the net fee.
“All or Non Orders” will be charged the corresponding Active fees.
“Iceberg Orders” will be credited the corresponding Passive rebate for executed transactions.