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Message: Re: After close trading?????
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Dec 21, 2012 04:35PM
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Dec 21, 2012 05:01PM
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Dec 21, 2012 05:07PM
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Dec 21, 2012 05:44PM
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Dec 21, 2012 06:09PM

All within the rules according to IIROC. You think someone saw the stops and hit it? Note for future, keep your stops 10% away of the last 20 minutes of regular market trading.

"The Closing Price Acceptance (“CPA”) parameter is used to determine whether or not the CCP at the end of the price movement extension is acceptable. For a TSX MOC eligible security the CPA will allow a 10% range off of the Volume Weighted Average Price (“VWAP”) of the last 20 minutes of regular market trading and the last board-lot sale price from the continuous market. A number of factors contribute to MOC volume and volatility.

One of the primary roles of IIROC in reviewing any complaint is to determine whether there is sufficient evidence that supports a potential breach of UMIR to warrant further investigation and potential regulatory action. If there are no indications of violations of UMIR, IIROC will close the file with no action taken. If there are indications of potential violations of UMIR, IIROC will take appropriate action against the dealer member or its registered employees. Appropriate action may involve formal disciplinary proceedings or other measures such as a cautionary letter or a warning letter. Formal disciplinary proceedings become matters of public record, however other measures taken by IIROC are not.


IIROC exists to develop, administer, surveil and enforce the trading rules known as the Universal Market Integrity Rules, in the Canadian securities market. You may find out more about UMIR byvisiting our website atwww.iiroc.ca. The link to UMIR is in the right navigation pane.

If you have any further concerns, please do not hesitate to contact us at any time."

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Dec 21, 2012 06:58PM
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Dec 21, 2012 07:05PM
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Dec 21, 2012 07:14PM
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Dec 21, 2012 07:19PM
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Dec 21, 2012 07:24PM
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Dec 21, 2012 07:28PM
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Dec 21, 2012 07:52PM
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Dec 21, 2012 11:20PM
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Dec 21, 2012 11:24PM
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Dec 22, 2012 02:42PM

Dec 24, 2012 01:14PM
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