Canadian Venture Exchange opens door
The new Canadian Venture Exchange (CDNX) has opened for business. The market for emerging companies is starting with nearly 2,500 listed companies, but plans to expand operations across Canada, servicing up to 3,000 listings.
CDNX is part of Canada’s trio of specialised exchanges, including senior equities market the Toronto Stock Exchange and the Montreal Exchange derivatives market. In the next few months, CDNX says it will open regional service centres in Toronto and possibly Winnipeg. Information is available on web site www.cdnx.ca.