Montreal Exchange offers Asia Pacific trading hours
Australian investors will be able to access Canada’s derivatives exchange, the Montréal Exchange (MX), following its decision to extend its trading hours to pick up the Asia Pacific region.
The exchange has announced that it will be offering investors in the Asia Pacific region the opportunity to manage their exposure to Canadian markets and execute cross-market strategies in their local time, almost 24 hours a day.
Announcing the move, TMX president and chief executive officer, Luc Fortin said it represented a part of the exchange’s globalization strategy, “as we continue to push the evolution of our markets and address the increasing global demand for Canadian derivatives”.
“In keeping with the trend of global capital flows, pension funds in Asia have significantly increased their international exposure and we are encouraged by the strong engagement we have seen from investors and participants in the region to date,” he said.
The move follows the launch of MX’s 2018 extended hours initiative with trading on London time.
The availability of MX’s products during Asia’s business hours will enable investors and risk managers to trade Canada’s benchmark products on a relative value basis against additional markets, including Australia and Japan. The extended trading hours initiative is also intended to accelerate MX’s global expansion plans, by diversifying its client base and developing new centres of liquidity.
You're clearly an AIOFP member and most likely licensed by Interprac, The AIOFP record in this area is abhorent.
So now S & FG are the fault of the AIOFP ? Dixons was AIOFP fault too ?
So now S & FG are the fault of the AIOFP ?
I really hope this doesnt end badly and bring a stink to the industry. This mob do not have a…
You know its just going to be a conduit for the investments they can't get on other platforms