Tag Archives: Trading

CSE Performance, CSE TV, Press Release

Record third quarter for CSE continues momentum through Q3 2016

CSE is proud to present its most recent quarterly update video and press release below highlighting the record third quarter of the year at the Canadian Securities Exchange:

Multiple Industry Sectors Push CSE Trading Volume, Financings to New Records in Third Quarter of 2016

CSE Posts Record Activity in Q3 of 2016

The Canadian Securities Exchange (CSE) today released performance metrics for the third quarter of 2016 highlighting continued strong growth, particularly in trading volume and capital raised by CSE listed companies. Both measures rose to the highest levels ever recorded by the exchange.

Key Statistics

  • Trading volume in CSE listed securities climbed 138% compared to the third quarter of 2015 to 1.27 billion shares;
  • Companies listed on the CSE conducted 85 financings for gross proceeds totaling $109 million, an increase of 222% over the same period a year earlier;
  • The CSE finished the July-September quarter with 315 listed securities, 13 more than at September-end 2015;
  • Trading on the CSE platform in securities listed on other exchanges totaled 811 million shares, higher year on year by 59%.

Metrics for January through September also set records, with the 3.27 billion shares traded in CSE listed securities outpacing the total for all of 2015 (2.48 billion shares). CSE listed companies raised $226 million in the first nine months of the year, compared to $195 million in full-year 2015.

Trading volume continues to gain momentum in the fourth quarter, with a record 99,704,073 shares trading in CSE listed securities on October 6. Over the past 30 days the CSE has set new records for both daily trading volume and number of trades on seven occasions.

Several CSE issuers ranked among the most actively traded public companies in all of Canada during the quarter as investor interest increased across most industry sectors, and particularly for life sciences companies. The CSE also welcomed one of the few Initial Public Offerings completed in Canada this year when Glance Technologies Inc. (GET) made its trading debut on September 7.

Toward the end of the quarter, the exchange announced several important executive level appointments, and the addition of a highly experienced financial industry executive to its Board of Directions (http://thecse.com/en/news/cse-announces-senior-appointments-to-board-of-directors-compliance-and-listings-teams). The appointments were made to expand business development coverage and deepen the pool of expertise in the listings review group.

The CSE team remained hard at work connecting with entrepreneurs, hosting events in Vancouver, Calgary, Montreal and Toronto during the quarter, as well as presenting and exhibiting at the first ever Mines and Money conference held in North America. Senior exchange staff also travelled to China and Mongolia to continue outreach efforts in growing overseas markets.

The exchange is pleased to report that it will soon implement a new trading system technology featuring execution services for all equities listed in Canada. Related to this, a commitment to heightening the visibility of companies listed on the CSE through continued investor events and publications (including the CSE Quarterly magazine), plus support for market-making and other activities, will assist with further advances in volume and liquidity.

“The CSE is firing on all cylinders, with an improved capital markets backdrop helping our issuers to meet, and in some cases exceed, their financing targets,”

said Richard Carleton, CSE Chief Executive Officer.

“Having added several talented executives to our team, the CSE is positioned even more strongly to facilitate access to growth capital for entrepreneurs at the lowest possible cost, while providing liquid and accessible trading services for investors anywhere in the world.”

CSE Performance, CSE TV, Press Release

Strong second quarter for CSE leads to record first half of 2016

CSE is proud to present its most recent quarterly update video and press release below highlighting the record first half of the year at the Canadian Securities Exchange:

Growth in Trading Volume and Financings Highlight Productive Q2

CSE Posts Record Activity in First Half of 2016

The Canadian Securities Exchange (CSE) is pleased to release an update on activity of the second quarter of 2016, resulting in a record first half of 2016 highlighted by record trading volume, changes to listing requirements, and initiatives to help CSE issuers build on recent positive momentum in financing and other aspects of corporate development.

Key Statistics

  • Trading volume in CSE listed securities grew 64% compared to the first half of 2015 to 2.01 billion shares;
  • The CSE finished the first six months of 2016 with 328 listed securities, up 12.3% compared to the same period the previous year;
  • CSE companies conducted 178 financings for total gross proceeds of $123 million, up 28.4% over the first half of 2015;
  • Trading on the CSE in securities listed on other exchanges totaled 1.82 billion shares, an increase of 19.1%.

Growth in trading volume and financing proceeds during the first half of the year reflected both the increased number of securities listed on the CSE and noticeable improvement in Canadian investor sentiment across all sectors. The 2.01 billion shares traded in CSE listed securities in the first six months of 2016 puts the exchange well ahead of its pace of 2015, when a record 2.47 billion shares traded for the full year.

The CSE is proud to highlight a busy first half supporting issuer outreach to the financial community with a variety of activities. These include CSE Days held in major cities where executives enjoy the opportunity to present to audiences of financial industry professionals, retail investors and issuer peers.

The exchange also published new issues of its CSE Quarterly magazine, the most recent leading with a profile of the CSE’s top performing companies as measured by growth in market capitalization (the CSE Quarterly magazine can be viewed at https://cseblog.wpengine.com/2016/06/01/cse-quarterly-issue-9-now-live/).

In addition, the CSE launched a new website in April. The modern format makes it easier for investors to gather information on CSE companies, and for both existing and prospective issuers to access the resources they need to make interaction with the exchange as efficient and cost-effective as possible. The CSE’s new website can be accessed at http://www.thecse.com.

Other achievements in the first half of 2016 included a comprehensive update to initial listing requirements. Proposed changes were published for comment in February and following feedback the modified rules were submitted for regulatory approval. The new requirements will become effective in Q3 upon publication of a notice from the exchange.

In the second half of 2016, the exchange will work to finish a review of continued listing requirements for listed companies. A list of proposed amendments will be published for comment in the near future.

“The CSE team is constantly working on new and dynamic ways to drive our mandate, which is supporting entrepreneurs and lowering the cost of capital for early stage companies,”

said Richard Carleton, CEO of the Canadian Securities Exchange.

“The activities we undertook in the first half of 2016 made our offering as an exchange stronger, as evidenced by growth in both trading volume and financings closed by our issuers. We will continue to support CSE listed companies with a variety of public efforts, and by working with regulatory authorities to improve the operating environment for Canadian financial markets as a whole.”

For the full-length semi-annual interview with CSE CEO Richard Carleton please click here for the transcript.

Quotes and Trading

TD Direct Investing’s WebBroker Now Connected to the CSE

As more Canadians choose to manage their own investments online, Canada’s discount brokerage firms are becoming increasingly important hubs to accessing and managing investing opportunities. Recognizing the importance of this trend, the CSE has been working hard to ensure that investors have convenient, direct access to the over 270 (and growing) securities listed on the Exchange.

To that end, the CSE is proud to announce the addition of another Canadian online brokerage, TD Direct Investing, to the list of firms offering their clients real-time quotes and direct online trading access to CSE listed securities.

TD Direct Investing is a significant presence in the Canadian online brokerage marketplace. According to financial research firm Investor Economics, TD Direct Investing is one of Canada’s largest online brokerages by assets and trading. With the addition of TD Direct Investing’s WebBroker,  online trading of CSE securities is now accessible to the vast majority of  Canadian discount broker clients.

Pic_Blog_20150223_TD_DirectInvesting_Tweet_2

Connectivity to the CSE has been something requested by many TD clients over the years.  As soon as the new functionality was enabled, social media users were quick to notice and share the good news.

Pic_Blog_20150223_TD_DirectInvesting_Tweet_1

CEO Richard Carleton said: “Ensuring Canadian investors have convenient access to trading CSE listed securities is a major priority for the CSE. We are very pleased that TD Direct Investing’s clients will now be able to quickly and conveniently access the growing number of securities listed on the CSE.”

For the latest information on Canadian online brokerages offering connectivity to the CSE, check the CSE website here.

CSE TV, Events

Seminar Video: Harnessing the Power of Cross-Border Markets

Video

The CSE – Canadian Securities Exchange, in partnership with OTC Markets Group, Clark Wilson LLP, and Canaccord Genuity (US) hosted a special presentation for companies interested in discovering the benefits of a cross-border market presence in Canada and the US.

(See the event photo gallery here)

Held on July 17th, 2014 in Vancouver – topics covered included an update on the CSE, OTC Markets Group’s listing standards and processes, market making, and insights on optimizing a cross-border market presence. Watch the entire event below:

Part 1 – CSE Presentation by James Black

http://youtu.be/trJ9h1XZGf0

Part 2 – OTC Markets Presentation by Steven Jenkins

http://youtu.be/_dEdoBmEqOY

Part 3 – Panel: Harnessing the Power of Cross-Border Markets

http://youtu.be/N12CKIzkeZg

Part 4 – Panel: Harnessing the Power of Cross-Border Markets

http://youtu.be/5XSwhewAxWQ

Quotes and Trading

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 Sparx Trading.