Press release from CNW Group
FT Portfolios Canada Co. Launches Three ETFs on Toronto Stock Exchange
Wednesday, May 22, 2013
FT Portfolios Canada Co. Launches Three ETFs on Toronto Stock Exchange07:30 EDT Wednesday, May 22, 2013
FT Portfolios Canada Co. to open trading on TSX this morning
TORONTO, May 22, 2013 /CNW/ - Toronto Stock Exchange (TSX) today welcomed FT Portfolios Canada Co. to the Exchange. FT Portfolios Canada Co. is a privately owned company and an affiliate of Chicago based First Trust Portfolios L.P. (First Trust), a U.S. registered broker-dealer and U.S.-based exchange traded fund (ETF) sponsor.
"We are proud that FT Portfolios Canada Co. chose to list its products on Toronto Stock Exchange," said Ungad Chadda, Senior Vice President, TSX. "TSX is also proud that we continue to innovate and offer a diverse range of ETFs and other exchange traded products to investors."
To celebrate the listing of FT Portfolios Canada Co.'s three new ETFs on TSX, Fraser Howell, President and Chief Financial Officer of FT Portfolios Canada Co., will join Amelia Nedovich, Head, Business Development, ETFs and Structured Products, TSX, to open trading this morning at 9:30 a.m. ET.
First Trust is the fourth U.S. firm with a Canadian affiliate offering ETFs on TSX. There are currently 293 ETFs and exchange traded notes listed on TSX with a combined market capitalization of over $68 billion.
For Market Openings: 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 TMX Broadcast Centre and sent live to the TOC. Those featured in the market opening move 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 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: TMX Group Inc.
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Manager, Corporate Communications