Nasdaq Canada Controls

Controls

Price Limit

Price limits are determined by a band calculated as a percentage of value from the national last sale price and the national last sale price at one-minute intervals. These settings are predefined at the exchange level in accordance with IIROC's Marketplace Thresholds.

Cancel On Disconnect

In the event the FIX session between Nasdaq Canada and a client is disconnected, Nasdaq Canada will cancel all open orders.

No Self Trade

This feature is enabled on a Trader ID basis and will prevent the Trader ID from trading with itself. The active order will be cancelled back.

Notional Limit

Notional limit provide Members with the ability to set the maximum notional value per order. The notional value of a trade is calculated by the number of shares multiplied by the price of the security. When an order is entered with a notional value above this set limit, the order will be rejected.

Share Limit

Share limits provide Members with the ability to set a maximum number of shares permitted per order. When an order is entered with a share amount that exceeds this limit, the order will be rejected.

Self-Trade Prevention - Cancel Newest

This feature will prevent a new order from trading against a resting order. The incoming order will be cancelled and the resting order will remain on the Nasdaq Canada book.

Self-Trade Prevention - Cancel Oldest

This feature will prevent an incoming order from trading against a resting order. The resting order will be cancelled and the incoming order will remain on the Nasdaq Canada book.

Self-Trade Prevention - Cancel and Decrement

This feature will prevent a new order from trading against a resting order. The larger order will be decremented by the quantity of the smaller order and the remaining balance will rest on the Nasdaq Canada book. If both orders are the same size, they will be cancelled back.

Resources

Forms & Agreements

Nasdaq Canada Equities Port Form Open the File CX2 Retail Traders Form Open the File Trader ID Group Form Open the File

Legal & Regulatory

Conflict of Interest and Confidentiality Policies Open the File Appeals Procedures Open the File Guaranteed Execution Facility Member Addendum Open the File Regulatory Oversight Committee Mandate Open the File

Market Data & Trading

Nasdaq Canada Market Data Specifications Open the File Nasdaq Canada Multicast Market Data Specifications Open the File Nasdaq Basic Canada Market Data Specifications Open the File Nasdaq Canada Trading Rules and Policies Open the File Nasdaq Canada Functionality Guide Open the File

Connectivity & Technical

Nasdaq Canada FIX 4.2 Application Notes Open the File Nasdaq Canada Connectivity Fee Schedule Open the File

Contact Us

Interested in trading Canadian equities with Nasdaq Canada? Contact your dedicated Nasdaq teams.

Market Hours

• CXC and CX2: Monday – Friday, 8:00 a.m. – 5:00 p.m. EST
• CXD: Monday – Friday, 9:30 a.m. – 4:00 p.m. EST

View Holiday Calendar

General Support

ca.support@nasdaq.com

Sales Support

Nasdaq Sales Team

ca.sales@nasdaq.com

Operations Support

Nasdaq Operations | +1 (888) 310-1560

ca.operations@nasdaq.com

Media Support

Emily Pan | +1 (646) 441-5120

Emily.Pan@nasdaq.com

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