Toronto-based Canaccord Genuity Group Inc. (TSX: CF) said Wednesday that S&P Dow Jones Canadian Index Services has confirmed that the independent financial services firm will be added to the S&P/TSX Composite Index after the close of trading on Friday, June 20.
The S&P/TSX Composite Index, managed and calculated by S&P Dow Jones Indices, is the headline index and the principal broad market measure for the Canadian equity markets.
Canaccord Genuity will also be added to the S&P/TSX Composite Dividend Index and the S&P/TSX High Beta Index.
Through its principal subsidiaries, Canaccord Genuity has operations in two principal segments of the securities industry: wealth management and capital markets.