Toronto Stock Exchange (TSX) has now has more than 300 exchange traded products (ETPs) listed.
Purpose Investments listed five exchange traded funds (ETFs) this week, which enabled TSX to achieve this new milestone.
Go deeper with GlobalData
There are now 284 ETFs and 17 exchange traded notes trading on TSX. The number of listed products has increased by 40% in the past two years bringing the total market cap to approximately $70 billion as of August 31, 2013. There have been 30 new ETFs listed so far this year.
"The 301 ETPs on TSX provide broad access and exposure to many asset classes, sectors and geographic regions, as well as many key investment strategies," said Ungad Chadda, senior vice president, Toronto Stock Exchange. "We are pleased to have achieved this new milestone and we are very proud of our solid track record of fostering innovation in the ETP universe."
TSX is home to 10 ETP providers, including Barclays, BMO Exchange Traded Funds, First Asset Exchange Traded Funds, First Trust Portfolios Canada, Horizons ETFs Management (Canada) Inc., iShares ETFs by BlackRock, PowerShares Canada, Purpose Investments Inc., RBC Global Asset Management Inc. and Vanguard Investments Canada Inc.
On September 17, 2013, TSX, together with Bloomberg and the CFA Society Toronto, will host an ETF Masters Forum for sophisticated market participants. The forum will focus on institutional investing strategies and best trading practices for ETFs.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
