NEO-Listed Securities Now Available on BMO InvestorLine07.26.2016
BUSINESS WIRE – TORONTO–(Aequitas NEO Exchange Inc. (“NEO Exchange”) today announced its partnership with BMO InvestorLine, to enable real-time quotes and direct online trading access to NEO-listed securities. BMO InvestorLine is the first bank owned online broker to provide its Self-Directed investors the opportunity to trade NEO-listed securities directly on its discount brokerage platform.
BMO InvestorLine clients are now able to see real-time quotes and have direct online trading access to Invesco Canada’s PowerShares DWA Global Momentum Index ETF, the first listing on the NEO Exchange and the forerunner of more NEO Exchange listed ETFs soon to be announced. As part of NEO Exchange’s commitment to its partners, real-time market data for all trading activity on NEO-listed securities is free of charge.
“We are proud to be the first to partner with the NEO Exchange and provide our valued clients the capability to trade NEO-listed securities online,” said Julie Barker-Merz, President, BMO InvestorLine. “It is a tremendous testimony to our continued focus on ensuring that our clients have the ability to trade and access quotes across all Canadian securities, regardless of where they are listed.”
“The NEO Exchange is privileged to partner with BMO InvestorLine and enable Self-Directed investors to take advantage of enhanced access to our listed securities,” stated Jos Schmitt, Chief Executive Officer, NEO Exchange. “For the first time in almost two decades there is competition in the listing of senior public securities in Canada, and BMO continues to demonstrate great foresight and leadership by ensuring that investors are ready.”
About Aequitas NEO Exchange Inc.
The NEO Exchange is a new Canadian stock exchange using a bold new blueprint that puts investors, businesses looking to raise capital, and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue and a value added listing venue for companies and investment products. Aequitas NEO Exchange Inc. is a wholly owned subsidiary of Aequitas Innovations Inc., a company founded by a diverse group of prominent investors representative of all Canadian capital market stakeholders.
About BMO InvestorLine
BMO InvestorLine is an online investing service that provides clients with two ways to invest online. Clients can choose from BMO InvestorLine’s top ranked Self-Directed service that provides tools to help investors make independent decisions on how to invest. BMO InvestorLine’s other service, adviceDirect™ provides investors with online advice and investment recommendations for their portfolios. Clients have access to trading, quotes and account information 24 hours a day through a website. BMO InvestorLine also provides users with third party research, along with leading edge tools that are informative and easy to use. As an all-in-one investment source, it is a constantly evolving, cost-efficient platform that is fully compatible with tablets.
BMO InvestorLine Inc. and BMO Ligne D’action Inc. provide this commentary to clients for informational purposes only. The information contained herein is based on sources that we believe to be reliable, but is not guaranteed by us, may be incomplete or may change without notice. The comments included in this document are general in nature, and professional advice regarding an individual’s particular position should be obtained.
BMO InvestorLine Inc. is a member of BMO Financial Group.
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