Canadian Trading and Quotation System Inc. (CNQ) broke its previous trading records for daily, weekly and monthly activity during January. Total volume traded for the month grew from 2.3 million shares in December 2003 to 5 million shares in January, an increase of 116%.

CNQ says the total value of shares traded grew 103% from $746,000 to $1,513,000, while the number of trades grew 15% from 309 to 355 over the period.

“While this trading activity is small in comparison to many markets, the continued and consistent growth that CNQ has experienced since launching in July 2003 is a very positive indication of the demand for an alternative stock market for emerging Canadian companies and their investors,” says Rob Cook, president of CNQ.

CNQ trading statistics are published daily, weekly and monthly and are posted to the www.cnq.ca website under Trading Summaries.