National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards
Part 1 Definitions and Interpretation
Section 1.1 Definitions

marketplace

In this Instrument: “marketplace” means

(a) an exchange,

(b) a quotation and trade reporting system,

(c) a person or company not included in paragraph (a) or (b) that

(i) constitutes, maintains or provides a market or facility for bringing
together buyers and sellers of securities,

(ii) brings together the orders for securities of multiple buyers and sellers,
and

(iii) uses established, non-discretionary methods under which the orders
interact with each other, and the buyers and sellers entering the
orders agree to the terms of a trade, or

(d) a dealer that executes a trade of an exchange-traded security outside of a
marketplace,

but does not include an inter-dealer bond broker;