TORONTO, Aug. 5 /CNW/ - TSX Datalinx, the market data division of TMX
Group Inc., today unveiled the Insider Trade Marker Report. This product
provides a daily summary of insider (including significant shareholders)
buying and selling activities on Toronto Stock Exchange and TSX Venture
Exchange. This information is based on a trade "marker" provided by brokers at
the time a company insider either buys or sells a security.
"We are the first North American exchange to offer this product," said
Eric Sinclair, Senior Vice-President, TSX Datalinx. "We see this product as a
catalyst to good corporate governance by providing investors with greater
transparency with access to this information through our many distribution
channels, including TMXmoney.com"
This product provides broad dissemination of this information for the
first time. It could be seen as a unique market look - providing information
that could influence trading decisions or act as a warning sign to investors.
The product will also substantially speed up the timeliness of insider
trading information. Currently Canadian insider trading information is
available up to 10 calendar days after the transaction, as trades are reported
through the System for Electronic Disclosure by Insiders (SEDI).
For more information please visit the "Featured Product" section on the
homepage of www.tsx.com.
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 products.
Toronto Stock Exchange (TSX), TSX Venture Exchange, Montreal Exchange (MX),
Natural Gas Exchange (NGX), Shorcan and other TMX Group companies provide
trading markets, clearing facilities, data products and other services to the
global financial community who access Canada's capital market. From its home
base in Canada TMX Group reaches internationally, as its equity markets are
the 7th largest in the world by market capitalization and list more resource
companies than any other exchange group. TMX Group is headquartered in Toronto
and maintains offices in Montreal, Calgary and Vancouver. For more information
on TMX Group, visit our website at http://www.tsx.com.
For further information:
For further information: Jean-Charles Robillard, Director, Corporate
Communications, TMX Group, (416) 947-4682, JCRobillard@m-x.ca