MOC

To participate in the Market On Close (MOC) match at 4:10 pm, orders must be entered by 3:40 pm. All orders before 3:40 pm must be market orders. Offsetting Limit orders can be entered to satisfy the imbalance published from 3:40 pm until 4:00 pm. TSX will then calculate the closing price and publish it at 4:10 pm.

Short Sales

An order to sell shares that are not owned. Sales must be made on an up or an even tick. TSX will book market short orders at the best possible execution price at all times until execution or expiry.

Short Exempt

A facility that allows users to bypass the short sale rules under a few specific circumstances: a long position currently exists and you receive an order to sell a larger position, a Market-on-Close (MOC) order, a VWAP order, or a trade on an ETF (Exchange Traded Fund).