Market Opens

Kevin Sampson, President, CDS and his team, joined Jay Rajarathinam, COO, TMX Group and Luc Fortin, President and CEO, Montreal Exchange and Global Head of Trading, TMX Group to close the market and celebrate the implementation of changes to its production systems to accommodate Canada’s move to a T+1 securities settlement standard on May 27, 2024. CDS was formed in 1970 in response to increased capital markets activity and escalating back office costs. The vision was to create an automated, centralized depository service and electronic clearing and settlement system that could handle higher volumes, and evolve to meet client needs into the future. CDS remains Canada's central securities depository, settlement and clearing hub for domestic and cross-border depository-eligible securities, with regional offices in Montreal, Vancouver and Calgary. CDS supports Canada's equity, fixed income and money markets, and is accountable for the safe custody and movement of securities, the processing of post-trade transactions, and the collection and distribution of entitlements. CDS holds more than $7 trillion on deposit and handles over 530 million domestic and cross-border securities trades annually.

Dennis Tew, Head of Sales, Canada, and Ahmed Farooq, SVP, Head of Retail ETF Distribution, Franklin Templeton Canada, and their team joined Keith Wu, Head, ETF and TMX Market Centre, Toronto Stock Exchange (TSX), to open the market and celebrate the listing of four new ETFs: Franklin Conservative Income ETF Portfolio (TSX: CNV), Franklin Core ETF Portfolio (TSX: CBL), Franklin Growth ETF Portfolio (TSX: GRO), and Franklin All-Equity ETF Portfolio (TSX: EQY). Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. In Canada, the company's subsidiary is Franklin Templeton Investments Corp., which operates as Franklin Templeton Canada. In Canada, Franklin Fixed Income is a business name used by Franklin Templeton Investments Corp. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over US$1.6 trillion (approximately CAN$2.2 trillion) in assets under management as of April 30, 2024.

Julie Cafley, Executive Director, Catalyst Canada, and Jennifer McCollum, President and Chief Executive Officer, Catalyst, and their team joined Kim Morin, Senior Manager, Market & Credit Risk Compliance, Toronto Stock Exchange, to close the market. Catalyst is a global nonprofit supported by many of the world’s most powerful CEOs and leading companies to help build workplaces that work for women. Founded in 1962, Catalyst drives change with preeminent thought leadership, actionable solutions and a galvanized community of multinational corporations to accelerate and advance women into leadership – because progress for women is progress for everyone. Catalyst has worked in Canada since 2002 to address the unique concerns of Canadian women in business through research, education, and events.

Mark Caranci, President and Chief Executive Officer, Brompton Funds, and his team joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of the Brompton U.S. Cash Flow Kings ETF (TSX: KNGU) & Brompton Canadian Cash Flow Kings ETF (TSX: KNGC). Brompton Funds manages over $3 billion AUM in 23 exchange-traded funds (ETFs) and other TSX-traded investment funds. Information about Brompton Funds’ entire product line, including KNGU and KNGC, is available at: https://www.bromptongroup.com/all-products/. KNGU and KNGC ETFs aim to deliver long-term capital appreciation by investing in high-quality companies that generate strong free cash flows.