Efficient Surveillance
To ensure effective and independent marketplace integrity, Toronto Stock Exchange and TSX Venture Exchange outsource market surveillance and participant discipline to an independent third party: Investment Industry Regulatory Organization of Canada (IIROC), which monitors all trading on both exchanges.
RS is a Canadian, not-for-profit, independent self-regulatory organization that oversees trading in exchanges and marketplaces. This surveillance model promotes fairness and integrity in trading across equity marketplaces in Canada.
The only North American regulator that protects investors in real time, RS uses sophisticated surveillance systems that provide statistical and rule-based alerts - ensuring transactions are executed properly, fairly and in compliance with IIROC's "universal" market integrity rules.
With RS handling both surveillance and participant discipline, TSX Markets' professionals are able to fully focus on providing exceptional trading products and service to domestic and international participants.
