TSX NAVex Opens the Market

TORONTO, June 21, 2016 /CNW/ - Representatives from the TSX NAVex Working Group joined Nick Thadaney, President & Chief Executive Officer, Global Equity Capital Markets, TMX Group to open the market to announce the launch of Toronto Stock Exchange new centralized mutual fund solution, TSX NAVex, designed to introduce operational and cost efficiencies in the processing of mutual fund transactions. TSX NAVex is a unique platform that brings together TMX Group's integrated equity services, including trading, clearing and settlement services, to address the evolving needs of the mutual fund industry. Developed in consultation with the TSX NAVex Working Group, which is made up of over 30 representatives from leading and emerging Canadian mutual fund manufacturers, TSX participating organizations and industry service providers, TSX NAVex will post actively managed investment funds and facilitate purchases and redemptions through TSX's proven equities infrastructure. For more information please visit http://www.tmx.com/newsroom/press-releases?id=457

SOURCE TMX Group Limited

Image with caption: "Representatives from the TSX NAVex Working Group joined Nick Thadaney, President & Chief Executive Officer, Global Equity Capital Markets, TMX Group to open the market to announce the launch of Toronto Stock Exchange new centralized mutual fund solution, TSX NAVex, designed to introduce operational and cost efficiencies in the processing of mutual fund transactions. TSX NAVex is a unique platform that brings together TMX Group’s integrated equity services, including trading, clearing and settlement services, to address the evolving needs of the mutual fund industry. Developed in consultation with the TSX NAVex Working Group, which is made up of over 30 representatives from leading and emerging Canadian mutual fund manufacturers, TSX participating organizations and industry service providers, TSX NAVex will post actively managed investment funds and facilitate purchases and redemptions through TSX’s proven equities infrastructure. For more information please visit http://www.tmx.com/newsroom/press-releases?id=457 (CNW Group/TMX Group Limited)". Image available at: http://photos.newswire.ca/images/download/20160621_C7030_PHOTO_EN_718840.jpg

For further information: For more information please visit http://www.tmx.com/newsroom/press-releases?id=457


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