THE CANADIAN SECURITIES EXCHANGE – The Exchange for Entrepreneurs | Quarterly Issue No. 2
t is my pleasure to welcome you to the second “CSE Quarterly” of 2015. As I tell people in my travels, the CSE is looking to return the stock exchange to its traditional central role in the capital formation process. We are doing this in two key ways: by administering a streamlined listings regulation model that focuses on a company’s disclosure record, and through the provision of liquid and accessible secondary market trading services. The feedback in the last year is extremely encouraging: our number of listed companies grew by 35% in 2014, and, for the first time, we listed more companies (as opposed to exchange traded funds, notes and structured products) than the other exchanges in Canada. Over the last year we enhanced retail investor access to our market with the provision of direct electronic trading services for the CSE from Scotia iTrade, BMO Investorline and TD Direct Investing. Effectively all discount brokerage operations in Canada are now connected to our market. We have also extended the reach of our listed companies into the US market, where coming regulatory changes in the US will facilitate the raising of capital from US investors for CSE listed companies. We are also working with vendors and dealers in Europe to improve access for EU and UK investors to our listed companies. By increasing the opportunities for our companies to raise capital with the goal of both reducing the cost of capital for the issuers and increasing the number of companies looking to join our markets from overseas. What this amounts to are compelling companies listed on the exchange such as those featured in this issue. We are excited to share the stories of CSE-listed companies that are using the exchange as a platform to secure growth capital and create value for their investors.
Effectively all discount brokerage operations in Canada are now connected to our market.
Richard Carleton CEO The CSE - Canadian Securities Exchange
6 | www.thecse.com