The Ontario Securities Commission (OSC) has approved the launch of a new stock exchange.
The OSC issued a recognition order to Aequitas and Aequitas NEO Exchange Inc., to be effective March 1, 2015.
“We are now in a position to help promote confidence and build an exchange of the future using a bold new blueprint that puts investors, companies and their dealers first,” says Jos Schmitt, president and CEO of Aequitas NEO Exchange.
Aequitas is on track to launch its trading platform and its listing platform during the first half of 2015. The private markets platform will then follow, subject to regulatory approval.
Aequitas investors include Barclays Corp. Ltd., BCE, CI Investments, IGM Financial, ITG Canada, OMERS Capital Markets, PSP Public Markets and RBC Dominion Securities.
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