On December 20, the Canadian Securities Administrators released a set of responses to frequently asked questions regarding NI 23-103 Electronic Trading. As we've previously discussed, the instrument, designed to address the risks of electronic trading, will come into force on March 1 of this year.
The FAQ released by the CSA covers such issues as the instrument's scope of application, pre-trade risk management and supervisory controls, monitoring of trading activity and automated order systems.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
