Wednesday June 26 2013
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Aequitas Innovations Inc. (Aequitas) has announced its intent to enter the Canadian capital markets by establishing a new stock exchange that will seek to restore the original purpose of an exchange – the efficient allocation of capital between issuers and investors as a central force driving the Canadian economy. Aequitas was founded by a diversified group of Canadian corporations, representing professional money managers, pension fund managers, institutional and retail brokers, and Canadian issuers.
With a balanced, broad and open ownership structure, the founding investors, Barclays Corporation Limited; CI Investments Inc.; IGM Financial Inc. (Investors Group and Mackenzie Financial) ITG Canada Corp., PSP Public Markets Inc.; and Royal Bank of Canada, are seeking to apply innovation, technology and competition to improve fairness and efficiency in the markets with particular attention to the benefits of traditional investors and issuers – the cornerstones of the Canadian economy.
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