TORONTO, April 1, 2016 /CNW/ - Virtual Brokers (VB), a division of BBS Securities Inc. is pleased to announce they are the first self-directed independent broker to offer the PowerShares DWA Global Momentum Index ETF through their web-trading platform. All purchases of this PowerShares ETF are commission-free. The PowerShares DWA Global Momentum Index ETF is the first issuer to list on the Aequitas Neo Exchange (the NEO Exchange). VB continues to be the innovator in keeping with its commitment to add value to Canadian investors and capital-raising companies.
"Our commitment to Canadian investors and capital-raising companies is to add true value. Adapting to the ever-evolving market trends and supporting those that are like-minded innovators is what we stand for," said Bardya Ziaian, CEO and President of BBS Securities Inc. & Virtual Brokers.
"The NEO Exchange's vision is straightforward," added Jos Schmitt, President and Chief Executive Officer, Aequitas NEO Exchange "leverage innovation and competition to deliver more fairness, more liquidity, more transparency and more efficiency to Canadian stock exchange stakeholders. I am truly excited to see BBS Securities Inc. and Virtual Brokers not only share in this vision but walk the talk."
About BBS Securities Inc. and Virtual Brokers:
Virtual Brokers ("VB") is a division of BBS Securities Inc. ("BBS"). BBS is Canadian-owned and operated, and is registered in all provinces and territories of Canada as an Investment Dealer. BBS is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). VB is an innovative, technology-driven brokerage firm that specializes in providing outstanding trade execution services to sophisticated traders, investors and money managers who demand excellence. We offer innovative commission pricing structures, such as the Commission-Free Trading Account (Equity/Option/Margin/Short), Access to New Issues Market, Strong Bond and Lending Desks, VB offers Direct Market Access (DMA), Advanced Free Trading Platforms, Free Registered Accounts, and up to $10,000,000 CAD in Asset Protection to qualified individuals, corporations and institutions.
About Aequitas NEO Exchange
The NEO Exchange is a new Canadian stock exchange using a bold new blueprint that puts investors, businesses looking to raise capital and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue and a value added listing venue for companies and investment products. Aequitas NEO Exchange Inc. is a wholly owned subsidiary of Aequitas Innovations Inc., a company founded by a diverse group of prominent investors, representative of all Canadian capital market stakeholders. For more information, please visit www.aequitasneoexchange.com.
SOURCE Virtual Brokers
Image with caption: "Virtual Brokers (CNW Group/Virtual Brokers)". Image available at: http://photos.newswire.ca/images/download/20160401_C4466_PHOTO_EN_655784.jpg
For further information: Kambiz Vatan-Abadi, Chief Operating Officer, 416.277.8151, Kambiz.Vatanabadi@VirtualBrokers.com, www.virtualbrokers.com