On Apr. 18, Cboe Canada amended policies to adopt T+1 settlement.
Cboe Canada proposed to amend trading policies and listing manual to reflect industry shift to a cycle where settlement occurs one trading day after the trade date (T+1).
Follows CSA Feb. 2022 Nt 24-318 on T+1 settlement implementation, see #128430.
CSA OSC published Cboe Canada housekeeping amendments in the OSC bulletin.
Rule Provisions
Move to a T+1 settlement cycle changed ex-dates set for dividends, distributions, and other corporate actions from 1 business day prior to record date to day of record date.
