Canadian Securities Exchange (CSE) (CNSX:CSE)

Canadian Securities Exchange (CSE) (CNSX:CSE)


Share Price
0
Change
0 (0 %)
Market Cap
$0.00 m
Proactive Investors - Run By Investors For Investors

Canadian Securities Exchange (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

EPIC: CSE
Market: CSE:CSE
Sector: General Financials
Website: www.thecse.com
col 3
col 4
col 5
col 6

Big picture - Why invest in Canadian Securities Exchange (CSE)


Canadian Securities Exchange (CSE) Snapshot

WHO WE ARE

The Canadian Securities Exchange began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.   The operating company, CNSX Markets Inc., was recognized by the Ontario Securities Commission as a stock exchange in 2004.

As one of Canada's most dynamic marketplaces, the Canadian Securities Exchange delivers products and services that lower costs, reduce complexity and provide market making opportunities for the dealer community.

Designed to meet the needs of emerging companies and their investors, CSE has grown continuously and now lists more than 200 equities, government bonds and structured products.

 

In September 2007, the exchange launched the first continuous auction market to trade securities listed on other Canadian stock exchanges. The new facility introduced a high capacity, low latency trading environment combined with an attractive fee structure that enabled the Canadian trading community to use advanced trading technologies to their full advantage, while delivering cost savings enhancing the competitiveness of the Canadian markets.

 

Following the completion of "Project One" on December 2, 2013 CSE listed symbols and stocks listed on other Canadian exchanges are now being traded on a single system at the CSE.

MARKETPLACE OPERATIONS

The Canadian Securities Exchange began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.   The operating company, CNSX Markets Inc., was recognized by the Ontario Securities Commission as a stock exchange in 2004.

 

 

Designed to meet the needs of emerging companies and their investors, CSE has grown continuously and now lists more than 200 equities, government bonds and structured products.

 

In September 2007, the exchange launched the first continuous auction market to trade securities listed on other Canadian stock exchanges. The new facility introduced a high capacity, low latency trading environment combined with an attractive fee structure that enabled the Canadian trading community to use advanced trading technologies to their full advantage, while delivering cost savings enhancing the competitiveness of the Canadian markets.

 

Following the completion of "Project One" on December 2, 2013 CSE listed symbols and stocks listed on other Canadian exchanges are now being traded on a single system at the CSE.

 

Part 10 of National Instrument 21-101 Marketplace Operation requires that each marketplace, whether an exchange, ATS, or quotation and trade reporting system, include disclosure on its website that is reasonably necessary to enable a person or company to understand the marketplace’s operations or services it provides.  The index below lists the relevant topics, and provides a link to the page on which the information may be found.

 

A) Fees

All fees, including any listing, trading, data, co-location and routing fees charged by the marketplace, an 

affiliate or by a party to which services have directly or indirectly been outsourced or which directly or indirectly 

provides those services.

Listing

Trading

Market Data

Co-location - CNSX Markets does not offer co-location services

Routing Fees

 

B) Order entry and Execution

How orders are entered, interact and execute. 

Order Types and Functionality

 

C) All Order Types

Order Types and Functionality

 

D) Access Requirements

Become a CSE Dealer and Connectivity Access

 

E) Conflicts of Interest

The policies and procedures that identify and manage any conflicts of interest arising from the operation of the 

marketplace or the services it provides. 

 

F) Referral Arrangements

Referral arrangements between the marketplace and service providers (Not applicable to CNSX Markets Inc.)

 

G) Routing Decisions 

If routing is offered, how routing decisions are made 

Link: Order routing

 

H) Indications of Interest 

If indications of interest are disseminated, the information disseminated and the types of recipients of such 

indications of interest. (Not applicable to CNSX Markets Inc.

Thomas Caldwell - Chairman

Thomas S. Caldwell graduated from McGill University in 1965, and has been actively involved in the investment industry since that time. Mr. Caldwell is Chairman of Caldwell Securities Ltd., an organization founded in 1980. Caldwell Securities Ltd. is a diversified investment company with affiliate organizations providing investment management, brokerage and insurance services to a broad spectrum of investors throughout North America and around the world. 

Mr. Caldwell is President and a director of Urbana Corporation, a publicly traded investment company. He also serves on the Board of the Conference of Defence Associations Institute in Ottawa and is a Senior Board Adviser to EM Hallowell LLC, Boston, a world leader in treating adults and children with ADHD. Mr. Caldwell is a past Governor of the Toronto Stock Exchange and one of the leading experts in capital markets, particularly in trading environments. He is recognized as one of the world’s foremost investors in securities exchanges. Caldwell Securities Ltd. and its affiliates were the second-largest owners of the New York Stock Exchange prior to the NYSE’s demutualization. 

Mr. Caldwell has, through his career, been actively involved in addressing social and community needs. He was awarded Her Majesty’s Golden Jubilee Medal in 2002 for his activities on behalf of Canadian Veterans. In 2003 he was appointed a Member of the Order of Canada for his work in assisting those in need as well as contributing to institutions working to better the lives of others. In 2012, he received Her Majesty's Diamond Jubilee for his efforts on behalf of the disadvantaged.

Ned Goodman - Deputy Chairman

Ned Goodman is director, President and Chief Executive Officer of Dundee Corporation and its subsidiary Goodman & Company, Investment Counsel Inc. Dundee Corporation is a Canadian holding company listed on the Toronto Stock Exchange under the symbol “DC.A”. Through its operating subsidiaries, Dundee Corporation is engaged in diverse business activities in the areas of its core competencies including investment advisory, corporate finance and private equity investment in real estate and infrastructure, energy, resources and agriculture. Ned Goodman has over four decades of investment experience as a securities analyst, portfolio manager and senior executive. He has an established reputation as one of Canada’s most successful investment counselors and is Chief Investment Officer of Goodman & Company, Investment Counsel Inc., an investment fund manager. Mr. Goodman has a Bachelor of Science degree from McGill University and a Master of Business Administration from the University of Toronto. He earned the designation of Chartered Financial Analyst in 1967. In 1997, he was awarded a Doctorate of Laws, honoris causa, by Concordia University and is Chancellor of Brock University. Mr. Goodman is founder and benefactor of the Goodman Institute of Investment Management - a graduate school for investment management at Concordia University. In 2012, The Goodman Family Foundation established both the Goodman School of Business at Brock University and the Goodman School of Mines at Laurentian University in honour of Ned Goodman.

 

Aubrey W. Baillie, C.A.

Mr. Baillie is executive chairman of Newport Partners Income Fund and one of the founders of Newport Partners, with over 35 years experience in the investment industry. He retired in 1999 as deputy chairman and chief operating officer of Nesbitt Burns Inc., having joined a predecessor firm in 1977. Mr Baillie is a director of Brompton Corp. and CNSX Markets Inc. He is the chair of the Board of the Juvenile Diabetes Research Foundation, Canada, and the Appleby College Foundation. Mr. Baillie is a past chair of the Board of Trustees of United Way of Greater Toronto. Mr. Baillie holds a degree in business administration from the University of Western Ontario, and is a chartered accountant.

George Elliott

A seasoned business leader with 35 years of experience in corporate financing, Mr. Elliott’s focus on new business development and relationship management lend a unique perspective to his Board activities. Formerly senior counsel at the law firm Gowling Lafleur Henderson, and senior partner at McCarthy Tetrault, based in Toronto, Mr. Elliott was also Executive Vice President of MCAP Financial, which manages over C$20 billion in mortgage investments for Canadian financial institutions, and Chair of the Executive Committee of the PLM Group, Canada’s fourth largest commercial printer, which was acquired by Transcontinental Printing for 250% of the then market value. Mr. Elliott delivers shareholder value through the creation of innovative new revenue opportunities coupled with prudent long-term financial strategy. Mr. Elliott is a member of The Institute of Corporate Directors.

Jeffrey MacIntosh B.Sc. LL.B. LL.M.

Jeffrey MacIntosh received a B.Sc. from M.I.T. in 1975, a LL.B. from the University of Toronto in 1981, and a LL.M. from Harvard Law School in 1982. After teaching for one year at Osgoode Hall Law School in 1982-83, Professor MacIntosh moved to the University of Toronto, Faculty of Law, where he was promoted to Associate Professor in 1987, full Professor in 1995, and Toronto Stock Exchange Professor of Capital Markets in 1999. In 1999, Professor MacIntosh also became the Associate Director of the Capital Markets Institute at the University of Toronto, a joint venture between the Faculty of Law and the Rotman School of Management. In addition, Professor MacIntosh spent one year (1987-88) as John M. Olin Fellow in Law and Economics at Yale Law School. Professor MacIntosh has written extensively on various topics related to corporate and securities law, including minority shareholder rights, the oppression remedy, fiduciary duties, takeover bids, corporate governance, and the choice of jurisdiction of incorporation. More recently, Professor MacIntosh's writings have focused on financing small, high technology companies, with a particular focus on venture capital. Professor MacIntosh was a member of the Ontario Securities Commission Task Force on Small Business Financing which delivered its final report in 1996.

Joel Strickland

Joel Strickland is an independent businessperson who selectively invests and accepts leadership roles, specific strategic assignments or Board of Directors positions in a variety of companies. Mr. Strickland joined the CNSX Markets Board as a representative of Lawrence Asset Management but now sits as an independent Director and has made a personal investment. Strickland recently completed his operational affiliation with Buchaman Renewables, a company he founded that converts end-of-life rubberwood trees in Liberia, West Africa to biomass. Strickland has capital markets experience as a senior fixed income trader at Lehman Brothers, Burn Fry, Midland Walwyn and First Boston Canada.

Mary Anne Palangio
Mary Anne Palangio is the Chief Financial Officer at Ontario Retirement Pension Plan Administration Corporation. She is establishing the finance function for the organization and is responsible for strategic financial planning and analysis, financial reporting, internal control management and treasury management as well as having overall responsibility for Human Resources and Risk Management.  Recognized for bridging business knowledge with technology expertise, she brings more than 25 years of senior operations, finance and technology experience in the financial sector to her role.

Prior to joining Ontario Retirement Pension Plan Administration Corporation in 2016, Mary Anne was Senior Vice President, Global Head of Operations and Data Management, Investment Division at Manulife. She moved into that role after holding the positions of Senior Vice President, Chief Information Office, Group Functions and Vice President, General Fund Investment Systems.

Before joining Manulife in 2008, Mary Anne was Executive Vice President, Operations at Perimeter Financial Corp. Prior to Perimeter, Mary Anne held senior investment operational roles with The Canada Life Assurance Company, Mackenzie Financial Corporation and Ontario Teachers’ Pension Plan.

Mary Anne’s volunteer experience includes currently sitting on the Finance and Audit Committee of Toronto Rehabilitation Institute Foundation; a former director of Easter Seals Ontario, she chaired the Audit Committee and served on the Finance, Human Resources and Board Affairs Committees from 2003 to 2011; held various positions on the National Board of Directors of the Crohn's and Colitis Foundation of Canada from 1995 to 2001, including National President for two years; and Treasurer of YWCA of Metropolitan Toronto from 1990 to 1993.  Mary Anne is a CPA, CA and CFA and holds a BA from the University of Toronto.

For General Inquiries Contact: [email protected]

For Listings Inquiries Contact: [email protected]

For Trading Inquiries Contact: [email protected]

 

CANADIAN SECURITIES EXCHANGE

CNSX Markets Inc.

Address  220 Bay Street, 9th Floor

Toronto, Ontario

M5J 2W4

Phone  416-572-2000

Fax  416-572-4160

 

Vancouver Office

Address 200 - 1090 West Pender Street

Vancouver, British Columbia

V6E 2N7

Phone  604-331-1213

Fax  604-687-1188

Canadian Securities Exchange (CSE) Timeline

Videos

Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use