OSC approves Aequitas Neo Exchange

November 21, 2014

On November 13, the OSC recognized each of Aequitas Innovations Inc. and Aequitas Neo Exchange Inc. as an exchange, effective March 1, 2015. In doing so, the OSC also approved the trading policies and listing manual of the exchange.

According to Aequitas, the exchange intends to limit high frequency trading by implementing speed bumps and higher fees to make the strategy uneconomical.

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