Canadian Securities Exchange: Trade Execution Fees Reduced

The Canadian Securities Exchange (CSE) yesterday announced the implementation of a significant decrease to its trade execution fees for CSE and TSX Venture listed securities. The new fees, detailed below, are designed to reduce costs for the dealer community and encourage greater liquidity for listed companies.

2014 has been a year of significant growth for the CSE.  Trading volumes for CSE-listed securities in the first quarter increased by 231% compared to the same period last year.   The CSE has welcomed 18 new listings to date, representing a broad spectrum of industries and instrument types, and is on track to record its largest increase in new listings since its inception in 2003.

Richard Carleton, CEO, commented:  “The CSE continues to work with our dealer community to reduce complexity and cost in the delivery of all of our services.  The new fee model, along with a number of other recent initiatives, demonstrates our commitment to providing cost effective services to our customers.”