TMX Group Ltd. (TSX:X) Friday announced the launch of a new capital markets education tool.
The TMX Capital Markets Learning Centre is a free, web-based information portal designed to help Canadians gain a better understanding of the markets.
At the heart of the Centre lies the new TMX Trading Simulator, a unique, risk-free market experience where investors can trade both equities and options in a “real world” environment. Users simply sign-in and create a virtual portfolio and they are ready to employ a variety of trading strategies against actual market data.
“TMX Group is proud to be involved in Financial Literacy Month and to contribute to the advancement of investor education in Canada,” said Thomas Kloet, CEO, TMX Group. “The goal of this new centre is to provide all levels of investors and students with valuable educational resources and to bring Canadians closer to the action — to trade our markets and gain realistic, hands-on experience.”
TMX Group is committed to educational initiatives across Canada, including Montreal Exchange’s very successful derivatives education project, targeted at expanding the profile of options trading at the grassroots level. This year the university partnership program expanded across campuses in Quebec, Ontario, New Brunswick and Nova Scotia and now has 16 MX student ambassadors promoting the initiative and over 800 teams are participating in our national business school competition.