Toronto Stock Exchange Welcomes New ETF Provider
Sphere Investment Management launches four ETFs on TSX
April 19, 2016 (Toronto) – Toronto Stock Exchange (TSX) today welcomed Sphere Investment Management Inc. (Sphere Investments), a new Canadian exchange traded funds (ETF) provider, to the Exchange. Sphere Investments launched four sustainable yield ETF products on TSX, which began trading over the past week.
"We are very proud that Sphere Investments chose to list its inaugural ETFs on TSX," said Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group. "TSX has been a long-time supporter of the Canadian ETF marketplace, which continues to grow and evolve at an unprecedented pace. We remain committed to serving this important segment of the market and to offering innovative and diverse products to our wide range of investors."
To celebrate the listing on TSX, Lewis Bateman, Founder and CEO, Sphere Investments, will join Mr. Thadaney, to open trading this morning at 9:30 a.m. ET.
As of March 31, 2016, there were 395 ETFs and exchange traded notes listed on TSX with a combined market capitalization of over $98 billion. For more information on ETFs and other exchange traded products, visit TMX Group's ETF Centre at: http://app.tmxmoney.com/etp/. The portal provides in-depth information on ETFs, including basic education, investment strategies and videos.
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m.
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
This is not an invitation to purchase securities listed on Toronto Stock Exchange. TMX Group and its affiliates do not endorse or recommend any of the referenced securities. Please seek professional advice to evaluate specific securities.
For more information please contact:
Catherine Kee
Manager, Corporate Communications
TMX Group
416-814-8834
catherine.kee@tmx.com