• Placement and Holder Size

    • OFS-1.11.4

      At least 50% of an issue must be placed out to a minimum of 50 persons. This requirement does not apply if there is a designated market maker for the structured warrants or other instruments.

      January 2014

    • OFS-1.11.5

      The minimum board lot size, the issue size, issue price and any other details for structured warrants based on listed or quoted securities are subject to the licensed exchange business rules.

      January 2014