SAIL

B3

FIX

F1

HSVF

D7

OBF

A3

SAIL DC

B3

Fix DC

F1

• More intuitive trading of Delta Neutral Strategies involving Futures Options and their Underlying
• Functionality also permits the covering of Futures with Futures

• Additional Market Order Type
• Chases to an Exchange defined Limit, per Instrument Group
• Existing Market One Price remains

• Timestamps reported in Front Ends and Data Dissemination will represent the time at which an Order's queue position is determined
• Due to to the fact that there are multiple trading engines, Timestamps may appear to be out of sequence if comparing messages from different instrument groups

• Front End Order and Trade messages
• Flag set on Orders that are meant for a pre-negotiated trade
• MXR Circular
• https://www.m-x.ca/f_circulaires_en/052-22_en.pdf

• Front End Trade confirmation messages
• Maker will represent the resting order
• Taker will represent the incoming order

• FIA Initiative
• Front End Order and Trade messages
• To easily reference the appropriate brokerage rate for the execution method
• Not available in Clearing Feeds as of Release Date

• Front End notifications for message throttling start and end

• Front End and Data Dissemination Trade messages will contain the applicable Business Date

• New Data Dissemination message
• Deliverable GoC Bonds per Bond Future Expiry

• Instrument Dictionary
• Calendar Date and Time as of which an Instrument can no longer trade

• Instrument Dictionary
• OBF only, already present in HSVF

• Maximum Sequence Number increased to 9,999,999,999
• Limit is 999,999,999 for D5 and D6 Versions