Aequitas launches listing platform

Aequitas NEO Exchange opened a listings platform for capital raising companies and investment products last week.

It’s now accepting applications from companies and issuers of investment products interested in listing on the exchange. That includes companies and products already listed on other Canadian exchanges.

Read: Slowing down high-frequency traders for fairer markets

Real-time market data from Aequitas-listed issuers will be available to all users for free. Aequitas says the fee structure for listing is based on the actual costs incurred by the NEO Exchange and the type of security being listed.

Read: OSC recognizes Aequitas Neo Exchange

Aequitas says it will also waive initial listing fees for public companies and investment product issuers who wish to migrate to the NEO Exchange. In addition, it will waive annual sustaining fees in the same calendar year of the migration.

Read: OSC says ‘No’ to Aequitas, gets revised proposal

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.