All posts by CSE Blogger

It’s official – Scotia iTRADE® now connected to the Canadian Securities Exchange

The CSE is happy to announce another key addition to the ranks of online discount brokers connected to the exchange by welcoming Scotia iTRADE®, who are now offering its clients online trade execution services for the CSE.

Formally announced in a press release that can be read here, this is a significant development for CSE and the investment community in Canada.  Scotia  iTRADE® is a popular platform for Canadian investors and another venue through which retail investors can access CSE stocks. We applaud Scotia for responding to client demand and adding this service.

Acknowledging the significance of this development, CSE CEO Richard Carleton had the following comment:

“As one of Canada’s largest online brokers, Scotia iTRADE is an extremely important part of the investment community,” said Richard Carleton, CEO of CNSX Markets Inc. “Scotia iTRADE’s provision of CSE client online trading and CSE market information services marks an important milestone in our efforts to increase visibility and access to the exchange. On behalf of our listed companies and their investors, we welcome Scotia iTRADE to the CSE”

For more information about  Scotia  iTRADE® simply visit their website at www.scotiabank.com/itrade

Upcoming Event: Make the Switch to CSE – Canadian Securities Exchange

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The CSE will be hosting its next “Make the Switch to CSE – Canadian Securities Exchange” session on April 8th, 2014 in Vancouver. The event will be held from 1:30pm to 2:30pm at the Metropolitan Hotel Vancouver and is free to register by clicking here.

Event Description

Making life easier for public companies is at the forefront of everything we do at CSE. Some examples include:

No Transaction Reviews! CSE offers a streamlined regulatory environment that saves issuers significant management and administrative time;

Low Cost Structure! Costs and overhead on CSE are contained by virtue of our flat monthly maintenance fee ($500) – there are no additional fees for filings or ordinary course transactions, and no percentage charged for financings conducted by listed companies; and

Free Real-Time data via Google Finance! CSE provides market access and liquidity on a transparent auction market for Canadian investors – the only Canadian exchange to offer free real-time data via Google Finance.

This session is essential for anyone who is interested in learning how to reduce their regulatory burden and costs by being listed on CSE.

Please RSVP by clicking here

Real-Time CSE Quotes Now Available on RBC Direct Investing

RBC Direct Investing Connected to CSEThe CSE continues to expand market access to its listed securities and can now confirm that in addition to order-entry, RBC Direct Investing is now fully connected with CSE real-time data enabling investors to trade CSE stocks with the full advantage of real-time quotes.

RBC Direct Investing is one Canada’s most popular online brokerages and has allowed clients the benefit of order-entry of CSE stocks for several years. For more information on RBC Direct, visit their website at rbcdirectinvesting.com

For more information on where investors can access CSE quotes and online trading, please visit our investor centre at Sparx Trading. 

CSE Included in CSA Notice 45-312, Exemption for Existing Security Holders

Provincial flags of CanadaThe CSE is happy to report that the Canadian Securities Administrators (CSA) have included the CSE to changes made to Multilateral CSA Notice 45-312 – Proposed Prospectus Exemption for Distributions to Existing Security Holders. This rule applies in all provinces except Ontario and Newfoundland, and we are encouraging those jurisdictions to climb aboard ASAP.

It should be noted that the Ontario Securities Commission (OSC) will also be introducing several capital raising prospectus exemptions in the coming week – more to come on this topic as details emerge.

In effect, this exemption allows companies to raise funds from existing shareholders via private placements without having them meet other exemption criteria such as accredited investor status. Incumbent investors will benefit from expanded investment opportunities as a result of this exemption – a win-win for listed companies and their shareholders.

Regarding the additions to exemption, Bill Rice, Chair of the CSA and CEO of the Alberta Securities Commission (ASC), had this comment:

“Certain changes to the exemption were made in response to suggestions that were submitted, including expanding it to include issuers listed on the TSX and CSE.”

CSE is pleased to know that its comments on the matter were recognized and responded to. You can read the CSE comment letter here, originally submitted on January 17th, 2014.

The Exchange would also like to thank its community supporters, including many in the legal community that also forwarded their support of CSE’s inclusion into the exemption.

Further Information Regarding CSA Notice 45-312

To read the full press on the BCSC website please visit: https://www.bcsc.bc.ca/release.aspx?id=19338

The full exemption can be found on the BCSC website as well: https://www.bcsc.bc.ca/policy.aspx?id=19324&cat=4%20-%20Distribution%20Requirements

Gallery of CSE and CSE-listed Company Booths at PDAC 2014

CSE was fortunate to have a double-wide booth at PDAC 2014 that it shared with several issuers over the course of the show. We also had the opportunity to connect with all of our listed companies spread across the floor – see the full gallery below:

Photos from the 2014 CSE PDAC Investor Luncheon

CSE, along with MNP LLP and Chitiz Pathak LLP, hosted another successful investor luncheon during the PDAC in Toronto. This event welcomed an all-time high number of attendees and was headlined by several companies listed on the exchange. Enjoy the pictures and we will see you next year!

Photos from the CEO Cocktail event in Vancouver

Thank you to everyone who attended the second CEO Cocktail event at Coast Restaurant in Vancouver on February 19th. The event turned out to be a smashing success! Thank you to Bacchus Law for lead sponsoring the soiree and organizing everything. Please see if you made the photo gallery below and we look forward to seeing you at the next event!

Pictures from CSE’s Rebranding Mixer in Vancouver

CSE was thrilled to host it’s network of supporters from the professional community on February 18th at the Pan Pacific in Vancouver. This was the first leg in a series of events across Canada celebrating the new CSE branding and to extend a big THANK-YOU to everyone who has supported the exchange over the past decade.

A good time was had, including a rousing speech from CSE CEO Richard Carleton who presented a very exciting road map for the exchange over the coming months. Select pictures from the event are available in the gallery below: