TORONTO, June 8 /CNW/ - TSX Group Inc. announces the launch of the
S&P/TSX Global Mining Index on Tuesday June 12, 2007. Created with Standard
and Poor's - the leading global provider of independent research, ratings and
indices - the Index will offer investors wide exposure to the world's mining
markets by providing an investable representative index of publicly traded
international mining companies.
The S&P/TSX Global Mining Index provides a basis for innovative
index-linked investment vehicles; The first such vehicle, Claymore S&P/TSX
Global Mining ETF, will begin trading on June 12, 2007.
TSX Group's equity exchanges are the world's leading mining markets. More
than 80% of the total number of mining equity financing deals in the world
were completed by TSX Group issuers in 2006. Almost 60% of global mining
companies are currently listed on a TSX Group exchange.
"The launch of the S&P/TSX Global Mining Index is a natural extension of
our role as the world's leading mining exchange group," said Richard Nadeau,
Senior Vice President, Toronto Stock Exchange. "This is a very positive
development for our listed issuers and for mining investors."
Toronto Stock Exchange Market Opening
To celebrate the launch of the S&P/TSX Global Mining Index as well as the
initiation of trading of the Claymore S&P/TSX Global Mining ETF, a market
opening will be held on Tuesday, June 12, 2007. TSX, S&P and Claymore
executives will be available to speak to media during this event.
When: Tuesday, June 12, 2007, 9:00-10:00AM
Where: TSX Broadcast Centre
Speakers: Richard Nadeau, Senior Vice President, TSX
Steve Rive, Vice-President of Canadian Index Operations, S&P
Som Seif, President, Claymore Investments, Inc.
Media may pick up a feed from the TOC (television operations centre) for
all market open ceremonies. The feed is named TSX Transmit 2 and is produced
at the TSX 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 TSX Group Inc. (TSX-X)
TSX Group operates Canada's two national stock exchanges, Toronto Stock
Exchange serving the senior equity market and TSX Venture Exchange serving the
public venture equity market, Natural Gas Exchange (NGX), a leading North
American exchange for the trading and clearing of natural gas and electricity
contracts and Shorcan Brokers Limited, the country's first fixed income
inter-dealer broker. TSX are the initials attached to the core equity
operations of TSX Group (www.tsx.com): Toronto Stock Exchange, TSX Venture
Exchange, TSX Markets, TSX Datalinx, and TSX Technologies. TSX Group is
headquartered in Toronto and maintains offices in Montreal, Winnipeg, Calgary
(*) "S&P" is a trademark owned by The McGraw-Hill Companies, Inc. and "TSX"
is a trademark owned by TSX Inc.
For further information:
For further information: Steve Kee, Director, Media & Marketing, TSX
Group Inc., Toronto Office, (416) 947-4682, Toll Free 1-888-873-8392, Cellular
(416) 358-3714, Vancouver Office (604) 602-6902, Calgary Office (403)