A Canadian heavy crude oil contract launched this week will help oil market participants to exploit expected production growth in heavy crude from Canadian oil sands
Toronto Stock Exchange operator TSX Group and the New York-based International Securities Exchange (ISE) will jointly launch a new Canadian derivatives exchange in 2009.
The Montréal Exchange has announced it will list its shares without an offering in March or April next year.
Canada’s Montreal Exchange will open a telecommunications hub in London before the end of March, Luc Bertrand, the exchange’s chief executive, said this week. This would enable UK-based traders to gain direct access to its electronic platform.
Bourse de Montréal, the Montréal Exchange, yesterday said that brokers in the UK will now have direct access to its market and products, following discussions with the Financial Services Authority (FSA), the regulatory authority in the UK.