NEO prepares to welcome its first set of closed-end funds and unit-traded funds
Invesco Canada announced plans to change the listing venue of PowerShares Ultra Liquid Long Term Government Bond Index ETF to NEO earlier this month
The move of PowerShares Ultra Liquid Long Term Government Bond Index ETF to NEO is the first ETF migration for Invesco
The exchange intends to implement changes to its listing requirements in December
Mackenzie Global High Yield Fixed Income ETF aims to provide a steady income stream “with the potential for long-term capital growth”
The exchange now makes it possible to purchase and redeem both prospectus and OM funds in the same way as buying and selling ETFs
The firm argues that lack of access to complete market data means that retail investors are trading on inferior information
NEO listed companies and their shareholders can now rely on certain safe harbours provided by U.S. law
Clients of discount brokerage gain access to securities listed on the exchange
Platform-traded funds benefit from a less costly trading process