The Montreal Exchange (MX) reported today that its total trading volume increased 41.3% in 2006, compared to the previous year, to reach a record 40.5 million contracts.“Trading activity on the Canadian financial derivatives market reached exceptional levels in 2006,” said Luc Bertrand, president and CEO. “We registered a record increase in trading volume of 41%. […]
The disciplinary committee of Montreal Exchange has fined a former registered representative of BLC Securities Inc. and Laurentian Bank Securities Inc. $50,000 for excessive trading and placing herself in a conflict of interest.The committee also ordered to Denise Dubreuil to refund the costs of the investigation for an additional amount of $21,183.29.The committee determined that, […]
The Montreal Exchange announced today that it plans to list its shares publicly next year, but will list its shares without an initial offering.“The listing should occur once the formal procedures have been completed, which should be in March or April 2007,” the exchange said in a news release.MX Canada’s oldest exchange and continues to […]
Abarbanel fined $15,000 for manipulative trading
Earnings up 30% in Q3
Exchanges will collaborate in fields of derivatives markets development, IT solutions, product design and cross-market cooperation
Daily volume, net earnings rise in first half of 2006
The Montreal Exchange (MX) and the Chicago Climate Exchange (CCX) announced today the establishment of the Montreal Climate Exchange (MCeX), the first environmental products market in Canada.The new exchange combines the special expertise of the MX, Canada’s financial derivatives exchange, with that of CCX, which operates the only global greenhouse gas emissions trading system.The two […]
Five new records established in May
New rules to meet needs of the derivatives markets and consumers