TORONTO, ONTARIO — (Marketwired) — 12/05/13 — CNSX Markets Inc., operator of the Canadian National Stock Exchange (“CNSX”) and Pure Trading, today announced the successful completion of its “Project One” initiative. As a result of this effort, CNSX-listed symbols and stocks listed on other Canadian exchanges are now being traded on a single system at the exchange. The move has a number of benefits for CNSX issuers, dealers and investors:
Richard Carleton, CEO of CNSX Markets Inc. explained “the number of trading venues in Canada continues to proliferate, leading to increases in technical and compliance costs for dealers, and investor confusion. With a focus on lowering the cost of capital for entrepreneurs, we have chosen a different path. By eliminating one of the trading environments operated by the exchange, we are reducing dealer costs and working to increase the visibility of our single platform. Market data services and fees are also being streamlined effective January 1, 2014. With this project successfully achieved we will complete efforts with the trading community to reduce execution costs for dealers while introducing features designed to improve liquidity for investors.”
Key CNSX Markets facts:
– CNSX Markets is a Canadian exchange with 182 equity issues, 18 debt instruments, and 7 structured products – ;
– Junior mining exploration companies represent over 50% of the issuers listed by sector;
– Companies in knowledge-based industries (IT, clean tech, and life sciences) now comprise nearly 20% of the equities on CNSX;
– Simple, fixed listing fees: $12,500 for application and $500 per month;
– The only Canadian exchange to offer real-time quotes on Google Finance.
– The only Canadian exchange to offer a single trading venue for all securities listed in Canada.
To learn more, email CNSX Markets at or visit and on Twitter @CNSX_News
Contacts:
Richard Carleton
CEO, CNSX Markets Inc.
416-367-7360
For information about listing on
CNSX Markets Inc., contact:
Robert Cook
Senior Vice President, Market Development
416-367-7349
For information about market data products
and market access, contact:
Pina De Santis
Vice President, Corporate Development
416-367-7363