Market Opens

The Honourable Mario Marcel Cullell, Chile Minister of Finance together with Cristobal Torres ,Director at InBest as well as representatives and sponsors of Chile Day joined Rob Peterman, Chief Commercial Officer at Toronto Stock Exchange and TSX Venture Exchange, to open the market and celebrate Chile Day, which is being hosted in Toronto on May 28-29, 2024. Chile Day is an instance of public-private collaboration, sponsored by the Ministry of Finance of the Government of Chile. Its objective is to position Chile in international markets as a highly attractive country for financial investment, as well as a financial services platform for Latin America and emerging markets.

Members of the CI Global Asset Management (CI GAM) team joined Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of CI Global Artificial Intelligence Index ETF (TSX: CIAI). CIAI seeks to maximize long-term capital appreciation by investing primarily in global equity securities of companies that are actively involved in the research, development and application of artificial intelligence technologies. CI GAM has also reduced the management fee of CIAI to 0.20% from 0.55% until the earlier of one year after launch or until CIAI reaches $1 billion in assets under management. As a result of the fee waiver, CIAI will begin trading with the lowest management fee of any artificial intelligence-focused ETF in the Canadian marketplace. CI GAM is Canada’s fifth-largest ETF provider with approximately $21.5 billion in assets under management in more than 80 ETFs (as at March 31, 2024). CI GAM’s ETF lineup is highly diversified and includes beta, smart beta, asset allocation, managed volatility, actively managed, liquid alternatives, digital assets, covered calls, ESG and other thematic mandates.

Tabatha Bull, President and CEO at Canadian Council for Aboriginal Business (CCAB), their team, and a selected group of stakeholders, joined Jay Rajarathinam, Chief Operating Officer at TMX Group to open the market and kick off the Canadian Council for Aboriginal Business (CCAB) conference in Toronto, celebrating their 40th anniversary. CCAB is committed to the full participation of Indigenous peoples in Canada’s economy. As a national, non-partisan association, its mission is to promote, strengthen and enhance a prosperous Indigenous economy through the fostering of business relationships, opportunities, and awareness. CCAB offers knowledge, resources, and programs to its members to cultivate economic opportunities for Indigenous peoples and businesses across Canada.

Representatives from Aviso Wealth, FIS Global, ION Markets, Jane Street, National Bank Financial Markets, RBC Capital Markets, RJ O’Brien, Scila AB, Société Générale, Susquehanna International Group,Trading Technologies, and Wolverine Execution Services (WEX), joined Luc Fortin, President and Chief Executive Officer, Montreal Exchange and Global Head of Trading, TMX Group, to open the market and celebrate the 23rd edition of the Canadian Annual Derivatives Conference (CADC). CADC is an unparalleled opportunity to forge connections with the who's who of Canadian derivatives. Attendees can delve into key developments in equities, fixed income, technology, regulation and clearing.