Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

TSX Venture Exchange – Market Enhancements: Icebergs And Voluntary Attribution Now Available

Date 14/12/2005

TSX Venture Exchange today announced that Iceberg orders and voluntary attribution have been added as trading features to the marketplace. Rik Parkhill, President of TSX Markets said, “These enhancements are aimed at providing greater trading options for our market participants.” Linda Hohol, President of TSX Venture added, “The goal is to build liquidity for TSX Venture Exchange issuers and further add to a quality market for all investors.”

Iceberg orders allow market participants to "book" their entire order while only displaying a portion of the size in market information and trading terminal displays. A participant may enter a large order of tens of thousands of shares, but display a "disclosed" portion. Those disclosed shares will be displayed to traders and the public, but all shares, up to the entire balance, are eligible to trade at any time.

With voluntary attribution, market participants have the option of revealing their activity in a security by choosing to attribute orders and trades.

About TSX Group Inc. (TSX-X)
TSX Group operates Canada's two national stock exchanges, Toronto Stock Exchange serving the senior equity market and TSX Venture Exchange serving the public venture equity market as well as Natural Gas Exchange (NGX), a leading North American exchange for the trading and clearing of natural gas and electricity contracts. TSX are the initials attached to the core equity operations of TSX Group (www.tsx.com): Toronto Stock Exchange, TSX Venture Exchange, TSX Markets, TSX Datalinx, TSX Technologies. TSX Group is headquartered in Toronto and maintains offices in Montreal, Winnipeg, Calgary and Vancouver.