Chi-X Canada ATS Ltd. announced the 10 stocks that will be available for trading when the alternative trading system launches on Wednesday, February 20.
The initial stocks will be: Aecon Group; Anvil Mining; Duvernay Oil; Fortis; Great Canadian Gaming; Onex; Paramount Resources; Power Financial; Russel Metals; and Savanna Energy. The remainder of the Toronto Stock Exchange’s senior equities will be added incrementally by April 1, with Chi-X Canada directly notifying participants before each batch is added.
“Over the past several months we have consulted with many industry participants and analyzed historical transaction data in developing our symbol migration plan, which we believe will result in the most orderly introduction of our marketplace,” said Tal Cohen, senior vp at Instinet.
Chi-X Canada, whose technology is currently powering Chi-X Europe, has been available for testing by market participants since June 2007, and will continue to be available through the February 20 launch.
Chi-X Canada announces symbol migration plan
ATS platform to begin with 10 names for February 20 launch
- By: James Langton
- January 30, 2008 January 30, 2008
- 12:20