Montreal Exchange (MX) reported today that its trading volume for May 2007 reached 4,592,430 contracts, establishing a new record for total exchange volume, exceeding previous record achieved in March 2007.
Average daily volume for the first five months of 2007 (January-May) reached 183,169 contracts, compared to 159,325 contracts for the same period in 2006, an increase of 15%.
The report arrives ahead of the holiday shopping season, a critically important time for retailers
Jobless rates have climbed in Canada, U.S. since the start of the year
Short-duration bonds saw positive returns thanks to lower inflation, BoC easing
Firms must communicate with advisors and provide training when implementing new systems
Advisors want fair compensation plus the ability to avoid conflicts of interest when meeting clients' needs
The acquisition also marks the launch of Canaccord’s Ottawa office