Industry News

POS a ‘waste of time’

“Point of sale (POS) is a waste of time.” Those were the opening remarks of Ellen Bessner, litigation partner, Cassels Brock and Blackwell, as she spoke at the Association of Canadian Compliance Professionals’ 9th Annual Compliance Forum on Monday. “That is why it hasn’t passed yet,” said Bessner picking up exactly where she left off […]

By Vikram Barhat |May 11, 2010

3 min read

Briefly:

Canaccord Financial has announced the successful integration of Genuity Capital Markets into its operations. The global capital markets division of Canaccord has now been rebranded Canaccord Genuity. “I would like to thank our operations team for making the seamless integration of Genuity Capital Markets possible,” said Paul Reynolds, president and CEO of Canaccord. “They have […]

By Staff |May 10, 2010

2 min read

Building an ETF portfolio

Every week at home, as a keen young portfolio manager, I would pore over the charts of all the stocks traded on the New York and American Stock Exchanges that were included in a binder with 12 charts to the page, 24 in total when open. My pet cockatiel – named Dow Jones – would […]

May 7, 2010

4 min read

Briefly:

The Investment Industry Regulatory Organization of Canada (IIROC) announced today that it had taken the following steps in response to the yesterday’s market volatility. On May 6th, IIROC re-priced or cancelled trades which occurred between 2:40 pm and 3:10 pm in the following securities: • Claymore Canadian Financial Monthly Income ETF (FIE.A): five trades were […]

By Staff |May 7, 2010

2 min read