CNSX introduces new fee model

New fees competitive with all Canadian marketplaces

The new fee model will take effect on Friday, October 17, 2008, in conjunction with an upgrade of the CNSX trading system to the X-stream platform used for the last two years by CNSX’s Pure Trading.

The price schedule for trading equity securities (shares, warrants and rights) is as follows:

 

Security Price	Fee per share	Maximum Fee	Minimum Fee
$1.00 or above	$0.0014	$50.00	$1.00
Below $1.00	$0.0006	$50.00	$1.00

Odd lot trades will be charged at the same rate per side with the maximum fee per side reduced to $0.50 and with no minimum fee.

Crosses will be charged a flat fee of $9.75 per trade

Designated Market Makers’ passive orders, in their designated stocks, will receive a credit or rebate of $.0003 per share per trade for stocks trading below $1.00 and $.0007 for stocks trading at or above $1.00, with a maximum credit of $25 per trade. This credit will also be applied to any and all Market Maker odd lot trades in their designated stocks, to a maximum of $.50 per trade.

As before, there are no monthly access fees for dealers participating in CNSX’s Listed Market.