Shares in Research in Motion opened lower on the Toronto Stock Exchange Thursday morning following a report that the Ontario Securities Commission is seeking a penalty as high as $100 million from the top two executives at the firm to pay for their role in a stock option accounting controversy dating back to 1996.RIM shares […]
Series AG shares to yield 6.25%
Series 26 shares to yield 6.6%
TD, National Bank announce preferred share issues
TMX Group will introduce its first cross-asset class fee incentive program, effective Feb. 1, the company said Tuesday. The TMX Group Exchange Traded Fund (ETF) Options Market Maker Rebate program will provide incentives for ETF options market makers to hedge Montreal Exchange trading activities through cash positions on Toronto Stock Exchange.“This incentive program is designed […]
Gmarkets Inc. and Velocity Trade released of Velocity Trade’s Accelerator Foreign Exchange Trading Platform through Gmarkets Pilot Financial GPS, the two companies announced Tuesday.Effective immediately, Gmarkets subscribers will have access to executable prices and liquidity provided by Velocity Trade.“Gmarkets was founded to enable transparency and liquidity in the capital markets by providing superior content required […]
Uncertainty eroding domestic demand, central bank says
November sales drop in five largest industry groups
CIBC Mellon is offering Tax-Free Savings Account services to assist investment fund companies in providing TFSA options to their clients, and to permit public companies to offer TFSA selections as part of their employee share/unit purchase plans, the company announced Tuesday.“TFSA is a great new personal savings vehicle that helps Canadians reduce taxes on their […]
The securities of Charterhouse Preferred Share Index Corp. will be delisted from the Toronto Stock Exchange at the close of business on Jan. 23 so that the merger of the corporation into Jov Leon Frazer Preferred Equity Fund may proceed, JovFunds Management Inc. announced Monday.The proposed merger was previously announced on Nov. 12, 2008. Jov […]