1. National Instrument 24-101 Institutional Trade Matching & Settlement Working Towards Success Implementation Glenn MacPherson Program Director, Canadian Capital Markets Association April 27, 2007 Moving to “T”

2. 2 Content About the CCMA  Board & Observers  Committee Structure Overview of National Instrument 24-101 Institutional Trade-Date Matching Participants Matching Criteria & Target Dates - 2008 - 2010

3. CCMA Board & Observers

4. Moving to “T” 4 Committee Structure Custodian Subcommittee (CSC) CCMA (Executive Director & Program Director) CCMA Board of Directors Executive Committee Subcommittee of the Board Finance CommitteeSecretary Buy-Side Subcommittee (BSSC) Sell-Side Subcommittee (SSSC) Communication & Education Working Group (CEWG) Legal/ Regulatory Working Group (LRWG)

5. Moving to “T” 5 Trade Matching Statement

6. Moving to “T” 6 NI 24-101 Effective April 1, 2007 Phased-in transitional performance target dates over an approximate three-year period Documentation in place by October 1, 2007 Exception reporting in February 2008

7. Moving to “T” 7 Institutional Trade Matching Participants (ITM)

8. Moving to “T” 8 Transitional Matching Targets

9. Moving to “T” 9 The Americas

10. National Instrument 24-101 Institutional Trade Matching & Settlement Working Towards Success Implementation Glenn MacPherson Program Director, Canadian Capital Markets Association April 27, 2007