Market Insights

Decorative pattern

Market Insights

A.M. market numbers: January 8, 2009

North American stock markets headed for a lower open as employment reports in the U.S. and Canada widely missed expectations. The U.S. Labour Department said that the American economy lost another 85,000 jobs during December. Economists had expected a flat showing, or perhaps a slight job loss of around 1,000. A sharp drop in the […]

By Staff |January 8, 2010

3 min read

Decorative pattern

Market Insights

P.M. market numbers: January 8, 2009

The Toronto stock market registered a solid advance Friday despite employment reports for December from Canada and particularly the United States that widely missed expectations. The S&P/TSX composite index moved up 66.32 points to 11,953.83. The main index ran up 1.76% this week with investors satisfied that the general trend shows economic conditions are improving. […]

By Staff |January 8, 2010

2 min read

Decorative pattern

Market Insights

A.M. market numbers: January 7, 2009

The Toronto stock market could be headed for a weak open after five positive sessions amid lower oil prices. Investors are also looking to December retail figures in the U.S. and awaiting key employment data on Friday. The Canadian dollar was unchanged at 96.85 cents US. U.S. futures pointed to a lower open with the […]

By Staff |January 7, 2010

3 min read

Decorative pattern

Market Insights

Canada welcomes alternative trading systems

They go by a lot of names. Third markets, ECNs, dark pools, but their conventional moniker is Alternative Trading Systems. These off-exchange venues are finally gaining ground in Canada, after making a big splash in the U.S. a decade ago. And recent entry of some major clearance, settlement, and back office players into the Canadian […]

By Philip Porado |January 7, 2010

4 min read