List of floating and tracking error margin rates for qualifying Canadian and U.S. index products

Type: Rules Notice> Technical
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Member Regulation Policy
Muneeb Ahsan
Senior Information Analyst, Member Regulation Policy

This list is published monthly and provides the margin rates for Canadian and U.S. index products whose index qualifies as an “index” in subsection 5130(9) of the Investment Dealer and Partially Consolidated Rules (IDPC Rules). The IDPC Rules replaced the IIROC Rules on January 1, 2023. By qualifying as an index, these products can use the floating margin rate methodology for margining purposes.

The list is prepared using data available up to the period ending February 28, 2023 and will be effective on March 13, 2023 until replaced by a subsequent list. The margin rates have been calculated according to subsection 5360(3) of the IDPC Rules.

The list includes the ticker symbols of the eligible IPUs for each qualifying index.

The list of floating and tracking error margin rates for qualifying Canadian and U.S. index products is available in Microsoft Excel format on the IIROC website, under Rules and Enforcement – IIROC Rules – Supporting Resources – Supporting Schedules. At a later date the Supporting Schedules section of the IIROC website will be added to the website of New Self-Regulatory Organization of Canada, a consolidation of IIROC and the MFDA.

MFDA and IIROC have consolidated

As of January 1, 2023 the MFDA and IIROC have come together as New Self-Regulatory Organization of Canada (New SRO).

New SRO has assumed the regulatory responsibilities of the MFDA and IIROC.

We have set up an interim website for updates and information related to the New SRO including:

  • Executive Management
  • Governance
  • New SRO Rules
  • Member Application
  • Investor Office and the Investor Advisory Panel
  • Information concerning mutual fund dealers registered in Québec
  • Complaints
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Enforcement proceedings, membership lists, continuing education, investor education resources and any other information not set out above continue to reside on and