Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Options At The Montreal Exchange: Transfer Completed - Signifies End Of Restructuring Among Exchanges

Date 27/03/2000

The Montreal Exchange made the final major step in the restructuring of the Canadian exchanges, with the transfer of 57 equity options classes from the Toronto Stock Exchange. In addition to its exclusive futures market, the Montreal Exchange now becomes the sole options market in Canada, with a total listing of 141 options classes.

"The transfer of options from Toronto to Montreal is a significant event for the Montreal Exchange, because it confirms, now more than ever, that we are the Canadian derivatives exchange. The Montreal Exchange can now go forward with its dynamic plans to grow the futures and options markets in Canada," said Mr. Gérald A. Lacoste, President and CEO of the Montreal Exchange, during the inauguration of its new options.

The Montreal Exchange is the Canadian derivatives exchange™. Founded more than 125 years ago, the Montreal Exchange has always played a leading local, national and international role. The Montreal Exchange was the first Canadian exchange to list options and subsequently established a major futures market, offering both individual and institutional investors a full range of products adapted to market needs.