11.03.2017

Invesco Moves PowerShares ETF from TSX to NEO

11.03.2017

Aequitas NEO Exchange Inc. (“NEO Exchange” or “NEO”) is pleased to announce that Invesco Canada Ltd. (“Invesco”) has announced its intention to change the listing venue for the PowerShares Ultra Liquid Long Term Government Bond Index ETF (PGL) from the Toronto Stock Exchange (TSX) to NEO. This is the first ETF migration for Invesco and the second time an ETF issuer will migrate ETFs from the TSX following the move of certain iShares by Blackrock ETFs to NEO earlier this year.

“We are proud to support competition in Canada’s capital markets because it drives innovation and leads to a well-functioning investments industry,” said Christopher Doll, Vice President, PowerShares Sales and Strategy.

For 2017 year to date while PGL has been listed on the TSX, NEO has already handled close to 50% of the volume traded. Subject to exchange approvals, PGL is expected to migrate to NEO in December 2017.

“Invesco’s decision to migrate an ETF to us shows that we are succeeding in our mission to innovate and improve Canada’s capital markets for all investors through competition,” stated Jos Schmitt, President and Chief Executive Officer, NEO Exchange. “Invesco’s decision to further expand their presence on NEO for a fourth time not only speaks to the strength of our growing ETF track record, but also to their dedication to a competitive and better Canadian capital market landscape for all investors.”

With the migration of PGL, the number of PowerShares ETFs listed on NEO will grow to five. NEO will then be home to 26 ETFs, comprised of 43 different symbols across six ETF providers. In October 2017, NEO handled more than 25% of all ETF volume traded in Canada, and close to 40% of volume on the entire PowerShares ETF lineup.

For a complete view of NEO-listed securities, please visit: https://www.aequitasneo.com/en/exchange/neo-listed-securities

Pension funds, sovereign wealth funds, endowments and other institutional asset owners are sitting on vast troves of data -- but extracting value from that data is more challenging than ever.

#AssetOwners #DataQuality

Technology costs in asset management have grown disproportionately, but McKinsey research finds the increased spending hasn’t consistently translated into higher productivity.
#AI #Fiance

We're in the FINAL WEEK for the European Women in Finance Awards nominations – don't miss your chance to spotlight the incredible women driving change in finance!
#WomenInFinance #FinanceAwards #FinanceCommunity #EuropeanFinance @WomeninFinanceM

ICYMI: @marketsmedia sat down with EDXM CEO Tony Acuña-Rohter to discuss the launch of EDXM International’s perpetual futures platform in Singapore and what it means for institutional crypto trading.
Read the full interview: https://bit.ly/45xRUWh

Load More

Related articles

  1. SEC's approval of generic listing standards for crypto ETFs could lead to hundreds of new funds.

  2. ETF Quote on Demand had successive new turnover records in the first four months of the year.

  3. From The Markets

    U.S. ETF Assets Reach Record

    Year-to-date net inflows of $798.77bn are an all-time high.

  4. The ETF gives exposure to euro sovereigns through a climate transition-focused investment strategy.

  5. Trading Europe From ‘Across the Pond’

    The firm manages active ETFs in the U.S. and Australia, with assets over $200bn across more than 40 funds.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] By continuing to use our services after Aug 25, 2025, you agree to these updates.

Close the CTA