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CIRCULAR 173-16 December 30, 2016

RESIGNATION OF A FOREIGN APPROVED PARTICIPANT TYLER CAPITAL PARTNERS LLP

On December 13, 2016, the Special Committee − Regulatory Division of Bourse de Montréal Inc. approved the resignation of Tyler Capital Partners LLP as a foreign approved participant of Bourse de Montréal Inc.

This

change becomes effective at the end of the business day today, December 30, 2016. For further information, please contact Ms. Karen McMeekin, Senior Advisor, Regulatory

Affairs,

at

514 787-6606,

or

[email protected].

Brian Z. Gelfand Vice-President and Chief Regulatory Officer

Tour de la Bourse P.O. Box 61, 800 Victoria Square, Montréal, Quebec H4Z 1A9 Telephone: (514) 871-2424 Toll-free within Canada and the U.S.A.: 1 800 361-5353 Website: www.m-x.ca

by

e-mail

at