Updated
Updated · Yahoo Finance · Aug 18
Canadian Securities Exchange Lists First 2 ETFs as July Financings Raise $140 Million
Updated
Updated · Yahoo Finance · Aug 18

Canadian Securities Exchange Lists First 2 ETFs as July Financings Raise $140 Million

3 articles · Updated · Yahoo Finance · Aug 18

Summary

  • Two inaugural ETFs began trading on the CSE this week: the Caldwell-Lazard CorePlus Infrastructure Fund on Aug. 17 and the Caldwell U.S. Dividend Advantage Fund on Aug. 18.
  • CEO Richard Carleton said the launch marks a long-term milestone aimed at broadening the exchange's product lineup and strengthening its competitive position in Canada.
  • July activity showed 1.1 billion shares traded worth $359 million, while 77 financings raised a combined $140 million.
  • Listings growth remained strong, with 10 new companies added in July and another six so far in August, lifting total listed securities to 733.
  • The ETF debut comes as the CSE pushes wider market engagement through industry events in Whistler this week and Halifax in September.

Insights

Why did a major dividend fund abandon Canada's top exchange to migrate to the CSE?
Will the CSE's explosive corporate listing growth permanently disrupt the traditional hierarchy of North American stock exchanges?