The Canadian Trading and Quotation Systems Inc. (CNQ) announced Thursday that nine investment dealers have been approved to trade on its opening day. The new equity market is set to launch on July 25.

The dealers are: BMO Nesbitt Burns Inc., Byron Securities Ltd., Canaccord Capital Corp., Haywood Securities Inc., Jones, Gable & Company Ltd., Octagon Capital Corp., Scotia Capital Inc., TD Securities Inc. and W.D. Latimer Co. Ltd.

Applications are underway by other Investment Dealers Association of Canada members interested in trading on the CNQ and additional dealers will participate through correspondent networks.

“The dealers’ participation demonstrates the broad support in the investment community for an alternative equity market that delivers best-in-class trading technology and the highest possible standards of market transparency and regulatory oversight,” said Robert Cook, CNQ president, in a statement.

“CNQ is an important addition to the Canadian capital markets as it creates a new stock market with integrity, transparency and liquidity for junior companies,” said Ted Norris, executive managing director, BMO Nesbitt Burns Inc.. “We are pleased to offer our clients access to this new marketplace.”

CNQ received recognition from the Ontario Securities Commission to operate a quotation and trade reporting system earlier this year.

To date, Champion Natural Health.com Inc., International Thunderbird Gaming and United Reef Limited have met CNQ’s requirements and have been approved for quotation, according to Cook.