CIX is pleased to confirm that Extended Hours trading and Fractional trading is ready to be launched as early as Monday, November 30, 2026. With this notice, we are inviting Subscribers to indicate their interest in, and readiness for, both features ahead of the go-live date. A summary of the functionality is provided below. Further operational details will be provided prior to a confirmed launch date.
Extended Hours Trading
The CIX | IntelligentCross ASPEN and CIX | IntelligentCross ASPEN VERT order books will offer extended hours from 7:00 AM to 8:00 AM ET (pre-market) and 5:00 PM to 8:00 PM ET (post-market). During these windows, CIX will be the only Canadian marketplace open for trading.
- Eligible securities: TSX-listed and Cboe Canada-listed securities. TSXV-listed and CSE-listed securities are excluded.
- Order types: Market, Limit and Iceberg orders, with Day and IOC time in force.
- Settlement: Trades before 6:30 PM ET will clear through CDS as CNS trades for regular T+1 settlement. Trades after 6:30 PM ET will clear Trade-for-Trade (TFT) through CDS, processed at 7:00 AM ET the next business day for T+1 settlement as of the prior trade date.
Full details, including examples, are in the CIX Trading Functionality Guide.
Market Data for Extended Hours
Please note that the TMX Information Processor (TMX IP) has advised CIX that it does not anticipate being operational during CIX Extended Hours (pre-market and post-market) until late Q2 of 2027. In the absence of an information processor during the CIX Extended Hours and in compliance with National Instrument 21-101, CIX will provide CIX Market Data to information vendors. Interested parties may therefore obtain CIX market data from third party information vendors that currently make CIX Market Data available. A list of these vendors is available from CIX Sales at sales@thecix.ca.
Fractional Trading
Fractional trading will be available in the ASPEN VERT order book, within the combined fully hidden Fractional Odd Lot book. In order to enter orders in fractional quantities, Subscribers must also sign the CIX Fractional Program Participation Agreement.
- Order Entry: Orders may be entered in fractional share amounts up to six decimal places.
- Matching: Fractional orders execute against assigned Fractional Liquidity Providers (FLPs)
Settlement and Clean-up: Fractional subscribers are responsible for sending a fractional clean-up orders (FRC) any time before the close of the trading day to round fractional positions to whole shares for CDS settlement.
Reach out to sales@thecix.ca with your interest and questions.
