10.14 Synchronization of Clocks

    Each marketplace and each Participant shall synchronize the clocks used for recording the time and date of any event that must be recorded pursuant to UMIR to the clock used by the Market Regulator for this purpose.

    Defined Terms: 

    UMIR section 1.1 – “Market Regulator”, “marketplace”, “Participant” and “UMIR”

    Regulatory History:

    In connection with the recognition of IIROC and its adoption of UMIR, the applicable securities commissions approved an amendment to section 10.14 that came into force on June 1, 2008 to replace the phrase “these Rules” with “UMIR”.  See Footnote 1 in Status of Amendments.

    There is no history log for this rule.
    Part 1 - Definitions and Interpretation
    Part 2 - Abusive Trading
    Part 3 - Short Selling
    Part 4 - Frontrunning
    Part 5 - Best Execution Obligation
    Part 6 - Order Entry and Exposure
    Part 7 - Trading in a Marketplace
    Part 8 - Principal Trading
    Part 9 - Trading Halts, Delays and Suspensions
    Part 10 - Compliance
    Part 11 - Administration of UMIR