Montréal Exchange introduces New Mini Futures Contracts on the S&P/TSX Composite Index



    MONTREAL, May 19 /CNW/ - TMX Group Inc. announced today that Montréal
Exchange Inc. (MX) has introduced a new Mini Futures Contract on the S&P/TSX
Composite Index(TM) (ticker symbol: SCF). The introduction of this new
contract expands the product line of index futures contracts offered on the MX
to include a smaller contract size, thus providing more diverse trading
opportunities for portfolio managers, individual investors and market
participants. The S&P/TSX Composite Index is the leading Canadian indicator of
market activity and principal broad market measure for Canadian equity
markets.
    In April, MX reactivated its Five-Year Government of Canada Bond Futures
Contracts (ticker symbol: CGF) to offer full product coverage across the yield
curve. MX also recently introduced implied pricing for the Three-Month
Canadian Bankers' Acceptance Futures Contracts (ticker symbol: BAX). The
implied pricing market model for the BAX contracts provides customers with
greater market quality and liquidity by adding a new price discovery
mechanism.
    "Listing Mini Futures Contracts on the S&P/TSX Composite Index sets
another milestone in our 2009 product initiatives," said Alain Miquelon,
Executive Vice President and COO, MX. "These new products will significantly
broaden the choice of strategic solutions available to our clients for their
wide-ranging investment and risk management requirements, and will play an
important role in the development of the Canadian futures market."

    About TMX Group (TSX-X)

    TMX Group's key subsidiaries operate cash and derivative markets for
multiple asset classes including equities, fixed income and energy. Toronto
Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange,
Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies
provide trading markets, clearing facilities, data products and other services
to the global financial community. TMX Group is headquartered in Toronto with
offices in Montreal, Calgary and Vancouver. For more information about TMX
Group, visit our website at www.tmx.com.





For further information:

For further information: Carolyn Quick, Director, Corporate
Communications, TMX Group, (416) 947-4597, carolyn.quick@tsx.com; Lise
Tessier, Communications Coordinator, Montréal Exchange, (514) 871-2424,
ltessier@m-x.ca


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890