Latest news with #LouiAnastasopoulos
Yahoo
26-05-2025
- Business
- Yahoo
Ontario's Minister of Finance Opens the Market
Toronto, Ontario--(Newsfile Corp. - May 26, 2025) - Hon. Peter Bethlenfalvy, Ontario's Minister of Finance, joined Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange and Global Head, Capital Formation at TMX Group, and Frank Cistrone, Group President, Connection Technologies, Mattr (TSX: MATR), to open the market in celebration of the expansion of the Ontario Made Manufacturing Investment Tax Credit (OMMITC) announced in Ontario's Budget 2025. Cannot view this video? Visit: The government is enhancing and expanding the OMMITC, providing an additional $1.3 billion over three years to help lower costs for businesses that invest in buildings, machinery and equipment that are used for manufacturing or processing in Ontario. Among other changes, the expansion would allow publicly-listed companies to claim a 15% tax credit on eligible investments in Ontario manufacturing and processing. The market open was hosted by Mattr, an Ontario-based, TSX-listed company that manufactures highly-engineered technologies and solutions to support infrastructure projects across Canada and around the world, at its new Shawflex manufacturing facility in Vaughan. MEDIA CONTACT: Colin To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
LongPoint Asset Management Inc. Opens the Market
Toronto, Ontario--(Newsfile Corp. - May 23, 2025) - Steve Hawkins, Chief Executive Officer, LongPoint Asset Management Inc. ("LongPoint"), joined Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of Canada's first triple-leveraged index ETFs — the Mega ETFs. This landmark launch introduces six innovative ETFs to the Canadian marketplace: Triple-Leveraged Long Index ETFs: MegaLong (3X) NASDAQ-100® Daily Leveraged Alternative ETF (TSX: QQQU) MegaLong (3X) S&P 500® Daily Leveraged Alternative ETF (TSX: SPYU) MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (TSX: SOXU) Triple-Leveraged Inverse Index ETFs: MegaShort (-3X) NASDAQ-100® Daily Leveraged Alternative ETF (TSX: QQQD) MegaShort (-3X) S&P 500® Daily Leveraged Alternative ETF (TSX: SPYD) MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF (TSX: SOXD) Cannot view this video? Visit: The introduction of these six new leveraged and inverse leveraged ETFs will give sophisticated active investors access to advanced trading tools directly through a Canadian exchange and in Canadian dollars — offering an attractive alternative to U.S.-based products. LongPoint is one of the newest entrants into the Canadian ETF marketplace built by a team of experts with over 70 years of experience designing, building and launching specialized ETFs for Canadian investors. LongPoint is a Canadian owned and operated company created to be a distinctive asset manager and deliver innovative ETF solutions designed to enhance your Canadian investing journey. MEDIA CONTACT: Steve HawkinsChief Executive OfficerSteve@ 224-9132 To view the source version of this press release, please visit
Yahoo
07-03-2025
- Business
- Yahoo
Toronto Stock Exchange to Celebrate Anniversary of World's First ETF
The Toronto Stock Exchange (TSX) will mark the 35th anniversary of the first ETF today with a special market close event commemorating a Canadian financial innovation that transformed global investing. The world's first exchange-traded fund, the Toronto 35 Index Participation Units (TIPs), launched on March 9, 1990, according to the press release. This product served as the prototype for modern ETFs, which have since become one of the most popular investment vehicles globally. The milestone highlights Canada's pioneering role in creating investment vehicles now used by millions worldwide, with the Canadian ETF market recently surpassing $600 billion in assets under management across more than 1,000 products, according to a TSX press release. "We are extremely proud to see that ETFs—a Canadian invention—have changed the financial markets and the way that investors interact with markets around the world," Loui Anastasopoulos, Toronto Stock Exchange CEO, said in the announcement. Canada has maintained its leadership position in ETF innovation over the decades, according to TSX. The exchange listed the world's first fixed-income ETF in 2000 and the world's first bitcoin ETF in 2021, continuing a trend of financial product development. At the end of January 2025, TSX ETFs held over $560 billion in assets under management across 1,073 products, according to the release. In 2024, $753 billion worth of ETF units were traded in Canada, with options available on 53 ETFs through the Montréal Exchange. Graham MacKenzie, managing director of exchange-traded products at the Toronto Stock Exchange, noted in the release, "The Canadian ETF ecosystem has experienced remarkable growth and innovation in the past 35 years." The anniversary celebration coincides with TMX Group's recent expansion in the ETF industry. In January 2024, the company acquired VettaFi, a U.S.-based indexing and analytics firm, according to the press | © Copyright 2025 All rights reserved Sign in to access your portfolio
Associated Press
06-03-2025
- Business
- Associated Press
Toronto Stock Exchange Celebrates 35 Years of ETF Innovation
World's first ETF launched on TSX in 1990; industry marks milestone with a special market close ceremony Toronto, Ontario--(Newsfile Corp. - March 6, 2025) - Today, Toronto Stock Exchange (TSX) proudly marks the 35th anniversary of the world's first exchange-traded fund (ETF) with a special market close event featuring guests from across Canada's ETF industry. The Toronto 35 Index® Participation Units, or TIPs®, the world's first exchange-traded, index-linked product, was launched on March 9, 1990, and served as the prototype for the modern-day ETF. As ETFs have grown into a leading global investment vehicle, the Canadian ETF market has remained at the forefront of the industry, with TSX leading the way in innovation, including listing the world's first fixed income ETF in 2000 and the world's first Bitcoin ETF in 2021. In January 2024, TMX Group, owner and operator of TSX, broadened and enriched its support of the ETF industry with the acquisition of VettaFi, a leading US-based, indexing, digital distribution, analytics and thought leadership company. 'We are extremely proud to see that ETFs - a Canadian invention - have changed the financial markets and the way that investors interact with markets around the world,' said Loui Anastasopoulos, CEO, Toronto Stock Exchange. 'We look forward to working with asset managers to continue to build this industry in Canada, as well as through our investment in TMX VettaFi to extend the services we offer on a global scale.' At the end of January 2025, TSX ETFs held over $560 billion in AUM across 1,073 products. In 2024, $753 billion worth of ETF units were traded in Canada. Options on 53 ETFs trade on Montréal Exchange, Canada's derivatives exchange and a wholly-owned subsidiary of TMX Group. 'The Canadian ETF ecosystem has experienced remarkable growth and innovation in the past 35 years,' said Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange. 'We are thankful to our clients, partners and stakeholders who have helped the Canadian industry reach a significant milestone of $600 billion in assets under management.' For more information, including a full list of ETFs listed on TSX, visit For Market Closes: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (HD-SDI) and is produced at the TMX Market Centre and sent live to the TOC. To pick up the feed via the Dejero network, please contact [email protected]. The client feature video will begin playing on the TMX media wall at approximately 3:59 p.m. ET, and the markets will close with the sound of a siren at 4:00 p.m. ET. About TMX Group (TSX: X) TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx and TMX VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit Follow TMX Group on X: @TMXGroup. For more information please contact: Catherine Kee Head of Media Relations TMX Group 416-671-1704 This is not, and should not be construed as, an invitation to purchase securities listed on Toronto Stock Exchange. TMX Group and its affiliates do not endorse or recommend any of the referenced securities. Please seek professional advice to evaluate specific securities.
Yahoo
06-03-2025
- Business
- Yahoo
Toronto Stock Exchange Celebrates 35 Years of ETF Innovation
World's first ETF launched on TSX in 1990; industry marks milestone with a special market close ceremony Toronto, Ontario--(Newsfile Corp. - March 6, 2025) - Today, Toronto Stock Exchange (TSX) proudly marks the 35th anniversary of the world's first exchange-traded fund (ETF) with a special market close event featuring guests from across Canada's ETF industry. The Toronto 35 Index® Participation Units, or TIPs®, the world's first exchange-traded, index-linked product, was launched on March 9, 1990, and served as the prototype for the modern-day ETF. As ETFs have grown into a leading global investment vehicle, the Canadian ETF market has remained at the forefront of the industry, with TSX leading the way in innovation, including listing the world's first fixed income ETF in 2000 and the world's first Bitcoin ETF in 2021. In January 2024, TMX Group, owner and operator of TSX, broadened and enriched its support of the ETF industry with the acquisition of VettaFi, a leading US-based, indexing, digital distribution, analytics and thought leadership company. "We are extremely proud to see that ETFs - a Canadian invention - have changed the financial markets and the way that investors interact with markets around the world," said Loui Anastasopoulos, CEO, Toronto Stock Exchange. "We look forward to working with asset managers to continue to build this industry in Canada, as well as through our investment in TMX VettaFi to extend the services we offer on a global scale." At the end of January 2025, TSX ETFs held over $560 billion in AUM across 1,073 products. In 2024, $753 billion worth of ETF units were traded in Canada. Options on 53 ETFs trade on Montréal Exchange, Canada's derivatives exchange and a wholly-owned subsidiary of TMX Group. "The Canadian ETF ecosystem has experienced remarkable growth and innovation in the past 35 years," said Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange. "We are thankful to our clients, partners and stakeholders who have helped the Canadian industry reach a significant milestone of $600 billion in assets under management." For more information, including a full list of ETFs listed on TSX, visit For Market Closes: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (HD-SDI) and is produced at the TMX Market Centre and sent live to the TOC. To pick up the feed via the Dejero network, please contact avservices@ The client feature video will begin playing on the TMX media wall at approximately 3:59 p.m. ET, and the markets will close with the sound of a siren at 4:00 p.m. ET. About TMX Group (TSX: X) TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx and TMX VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit Follow TMX Group on X: @TMXGroup. For more information please contact: Catherine KeeHead of Media RelationsTMX This is not, and should not be construed as, an invitation to purchase securities listed on Toronto Stock Exchange. TMX Group and its affiliates do not endorse or recommend any of the referenced securities. Please seek professional advice to evaluate specific securities. This news release is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. To view the source version of this press release, please visit Sign in to access your portfolio
