BCP Statement




Date Tested: October 24, 2015

Omega Securities Inc (the “Firm”) has developed a Business Continuity Plan (the “BCP”) in the event of an emergency or a significant disruption in the Firm’s ability to conduct its business, in order to protect the interests of its subscribers and ensure as quick a recovery as possible.

It is the Firm’s policy to respond to a Significant Business Disruption (“SBD”) by safeguarding employees’ lives and firm property, making a financial and operational assessment of the situation, quickly recovering and resuming operations, protecting all of the Firm’s books and records, and allowing the Firm’s subscribers to transact. In the event that the Firm determines that it is unable to continue its business, the Firm will notify the appropriate regulatory bodies.

The Firm’s BCP contemplates alternative physical locations for its staff to work from, secondary data center facilities, regular back-up of critical data and records, and recovery time objectives for mission critical systems. It also identifies alternate ways of communication between the Firm and its subscribers, employees and regulators.

SBDs can vary in timing, extent and severity. For example, a SBD can affect the building housing the Firm, the district or the city where the Firm is located, or the entire region. Also, a SBD could occur during market trading hours or not. Accordingly, the BCP calls for senior management to make a financial and operational assessment of the situation and decide on the most appropriate response to the circumstances.

As Omega Securities Inc (operating Omega ATS) is a member in good standing of the Investment Industry Regulatory Organization of Canada (IIROC) we are required under the rules to review and test the BCP annually and update it as appropriate. The BCP is also updated periodically to reflect relevant changes.

Sean Debotte, the President and Chief Executive Officer of the Firm is the officer responsible for the maintenance and, in the event of an SBD, the execution of Omega Security Inc’s BCP.

Omega Securities Inc


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