The exchange now makes it possible to purchase and redeem both prospectus and OM funds in the same way as buying and selling ETFs
The firm argues that lack of access to complete market data means that retail investors are trading on inferior information
NEO listed companies and their shareholders can now rely on certain safe harbours provided by U.S. law
Clients of discount brokerage gain access to securities listed on the exchange
Platform-traded funds benefit from a less costly trading process
Aequitas is adding fund companies and dealers to the platform, including a number of carrying brokers
The exchange’s focus on liquidity, investor access and efficiency were deciding factors in Invesco’s decision to list its new ETF on the trading platform
The upstart stock exchange has captured 4% to 6% of trade volume in Canada
The proposed ETF “will be the first in a series of new listings” that Aequitas NEO is expecting in the months ahead
Aequitas is proposing an alternative to TMX’s system but claims that it’s prevented from launching this solution