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

COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.

A recent Markets Media article highlights how @tZERO is resetting its vision - focusing on partnerships, regulated infrastructure, and global scale to make tokenized capital markets a reality.

Under CEO @Alan_Konevsky, the company is leveraging regulatory momentum to enable…

Load More

Related articles

  1. ETF Issuers Welcome Deutsche Börse Initiative

    The initial suite will be managed by M&G's £137bn fixed income business.

  2. The transaction will expand Goldman Sachs Asset Management’s ETF lineup and future product roadmap.

  3. The fund manager will offer innovative products based on its institutional-grade research & crypto expertise.

  4. Investors are demonstrating a strong preference for ETFs when gaining equity exposure.

  5. Year-to-date net inflows are a record $1.82 trillion.

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] Please review our updated Terms & Conditions and Privacy Policy carefully. By continuing to use our services after Aug 25, 2025, you agree to these

Close the CTA