CRA-15.4.1
Trading of
(a) Operating an automated order matching system (exchange type order matching engine) by a category-4 crypto-asset exchange licensee, wherein buyer and seller orders are automatically matched by the matching engine and the crypto-asset exchange does not buy or sell digital tokens over-the-counter (acting as a dealer); or
(b) Over-the-counter trading, wherein a category-3 or a category-4 crypto-asset licensee acts as a dealer and provides price quotes, on its trading platform, with its clients for the digital tokens issued and listed on its platform.
Added: April 2023