Chi-X Canada names stocks available for launch
Chi-X Canada ATS Limited, a wholly-owned subsidiary of global securities firm Instinet and operator of Chi-X Canada, today announced the 10 stocks that will be available for trading when the alternative trading system (ATS) launches on Wednesday, February 20.
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The remainder of the Toronto Stock Exchange's senior equities will be added incrementally by April 1, with Chi-X Canada directly notifying participants before each batch is added. The initial stocks will be:
ARE - AECON GROUP INC.
AVM - ANVIL MINING LTD.
DDV - DUVERNAY OIL CORP.
FTS - FORTIS INC.
GC - GREAT CANADIAN GAMING
OCX - ONEX CORP.
POU - PARAMOUNT RESOURCES
PWF - POWER FINANCIAL CORP.
RUS - RUSSEL METALS
SVY - SAVANNA ENERGY
"Over the past several months we have consulted with many industry participants and analyzed historical transaction data in developing our symbol migration plan, which we believe will result in the most orderly introduction of our marketplace," said Tal Cohen, SVP at Instinet.