TSX Datalinx today unveiled a new daily summary of insider buying and selling activities on Toronto Stock Exchange and TSX Venture Exchange.

The information in the Insider Trade Marker Report is based on a trade “marker” provided by brokers at the time a company insider either buys or sells a security.

“We are the first North American exchange to offer this product,” says Eric Sinclair, senior vp, TSX Datalinx. “We see this product as a catalyst to good corporate governance by providing investors with greater transparency with access to this information through our many distribution channels, including TMXmoney.com”

The product provides broad dissemination of this information for the first time, an includes significant shareholders. It provides information that could influence trading decisions or act as a warning sign to investors.

The product will also substantially speed up the timeliness of insider trading information. Currently Canadian insider trading information is available up to 10 calendar days after the transaction, as trades are reported through the System for Electronic Disclosure by Insiders (SEDI).

TSX Datalinx is the market data division of TMX Group Inc.