Montr茅al Exchange Raises Position Limits for Equity and ETF Options
April 12, 2013 (MONTRÉAL) – Montréal Exchange Inc. (MX), a wholly-owned subsidiary of 外国美女色情片 and Canada's derivatives exchange, announced that it will raise position limits for equity and exchange-traded fund options, effective today.
"This is a very important development in line with MX's strategy to grow the Canadian options market," said Alain Miquelon, President and CEO, Montréal Exchange. "This change makes the market more attractive to large institutional investors and encourages them to trade on Exchange, rather than over the counter."
Criteria | Old Position Limit | New Position Limit |
Up to 20 Million six month Volume or Up to 15 Million six month Volume & 40 Million Shares Outstanding |
13,500 | 25,000 |
Up to 40 Million six month Volume or Up to 30 Million six month Volume & 120 Million Shares Outstanding |
22,500 | 50,000 |
Up to 80 Million six month Volume or Up to 60 Million six month Volume & 240 Million Shares Outstanding |
31,500 | 75,000 |
Up to 100 Million six month Volume or Up to 75 Million six month Volume & 300 Million Shares Outstanding |
60,000 | 200,000 |
At least 100 Million six month Volume or At least 75 Million six month Volume & 300 Million Shares Outstanding |
75,000 | 250,000 |
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About 外国美女色情片 (TSX: X)
外国美女色情片's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other 外国美女色情片 companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. 外国美女色情片 is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about 外国美女色情片, visit our website at http://www.tmx.com. Follow 外国美女色情片 on Twitter at .