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Toronto Stock Exchange (TSX) welcomes Mackenzie Financial Corporation (Mackenzie Investments), one of Canada's largest independent asset managers, to open trading this morning to celebrate the launch of four new active fixed income exchange traded funds (ETFs), which began trading on TSX last week.
"We are very pleased to welcome Mackenzie Investments to our world class lineup of ETF providers and to have them list their initial products on TSX, Canada's home for ETFs," said Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group. "The ETF segment is growing rapidly and becoming increasingly important to the vitality of the overall TSX ecosystem. TSX is proud to play a supporting role in its success and we continue our work to provide a full spectrum of product and service offerings to suit the needs of all investors."
Jeff Carney, President and CEO, Mackenzie Investments and Michael Cooke, Senior Vice President, Exchange Traded Funds, Mackenzie Investments, will join Ungad Chadda, Senior Vice President, TSX, to open trading this morning at 9:30 a.m. ET.
As of March 31, 2016, there were 395 ETFs 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.
