TORONTO, Sept. 6, 2013 /CNW/ - Toronto Stock Exchange (TSX) today
announced that it now has more than 300 exchange traded products (ETPs)
listed. Purpose Investments Inc. listed five exchange traded funds
(ETFs) this week, which enabled TSX to achieve this new milestone.
There are now 284 ETFs and 17 exchange traded notes trading on TSX. The
number of listed products has increased by 40% in the past two years
bringing the total market cap to approximately $70 billion as of August
31, 2013. There have been 30 new ETFs listed so far this year.
"The 301 ETPs on TSX provide broad access and exposure to many asset
classes, sectors and geographic regions, as well as many key investment
strategies," said Ungad Chadda, Senior Vice President, Toronto Stock
Exchange. "We are pleased to have achieved this new milestone and we
are very proud of our solid track record of fostering innovation in the
ETP universe."
TSX is home to 10 ETP providers, including Barclays, BMO Exchange Traded
Funds, First Asset Exchange Traded Funds, First Trust Portfolios
Canada, Horizons ETFs Management (Canada) Inc., iShares ETFs by
BlackRock, PowerShares Canada, Purpose Investments Inc., RBC Global
Asset Management Inc. and Vanguard Investments Canada Inc.
On September 17, 2013, TSX, together with Bloomberg and the CFA Society
Toronto, will host an ETF Masters Forum for sophisticated market
participants. The forum will focus on institutional investing
strategies and best trading practices for ETFs.
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, TMX
Select, Alpha Group, The Canadian Depository for Securities, Montreal
Exchange, Canadian Derivatives Clearing Corporation, Natural Gas
Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers,
Equicom 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 (Montreal,
Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston
and Chicago) as well as in London, Beijing and Sydney. For more
information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/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
