Ceremony marks the arrival of TSX's fourth new ETF provider to date in 2016
TORONTO, April 28, 2016 /CNW/ - Toronto Stock Exchange (TSX) welcomes Mackenzie Financial Corporation (Mackenzie Investments), one of Canada's largest independent asset managers, to open trading this morning to celebrate the launch of four new active fixed income exchange traded funds (ETFs), which began trading on TSX last week.
"We are very pleased to welcome Mackenzie Investments to our world class lineup of ETF providers and to have them list their initial products on TSX, Canada's home for ETFs," said Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group. "The ETF segment is growing rapidly and becoming increasingly important to the vitality of the overall TSX ecosystem. TSX is proud to play a supporting role in its success and we continue our work to provide a full spectrum of product and service offerings to suit the needs of all investors."
Jeff Carney, President and CEO, Mackenzie Investments and Michael Cooke, Senior Vice President, Exchange Traded Funds, Mackenzie Investments, will join Ungad Chadda, Senior Vice President, TSX, to open trading this morning at 9:30 a.m. ET.
As of March 31, 2016, there were 395 ETFs listed on TSX with a combined market capitalization of over $98 billion. For more information on ETFs and other exchange traded products, visit TMX Group's ETF Centre at: http://app.tmxmoney.com/etp/. The portal provides in-depth information on ETFs, including basic education, investment strategies and videos.
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
This is not an invitation to purchase securities listed on Toronto Stock Exchange. TMX Group and its affiliates do not endorse or recommend any of the referenced securities. Please seek professional advice to evaluate specific securities.
SOURCE Toronto Stock Exchange
For further information: Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814-8834, email@example.com