Investment fund trading in Canada has been suspended until further notice.

Fund companies and FundSERV will hold all trades on behalf of investors as pending. This includes all mutual funds and money market funds.

Investors will have the option to proceed with or cancel their pending trades when markets officially re-open.

“IFIC is in constant communication with the regulators and our Members,” stated Tom Hockin, IFIC President & CEO. “We are continuing to monitor the situation and trading will resume at the earliest possible convenience.”

Earlier today, Canadian exchanges closed for trading.