Canadian Securities Exchange Launches the CSE Composite Index™
Toronto, Ontario, February 27, 2015 – The Canadian Securities Exchange (“CSE”), Canada’s Exchange for Entrepreneurs, announced today the launch of the CSE Composite Index™. The index is the first established by the CSE and is designed to measure the performance of equity securities listed on the CSE. The CSE Composite Index™ is market capitalization weighted and securities must meet minimum size requirements to qualify for inclusion.
“The growth of our marketplace has led to increased interest in CSE listed securities,” says Richard Carleton, CEO of the CSE. “This new index reflects a broad spectrum of entrepreneurial companies and provides a gauge for investors to assess this unique segment of the Canadian capital markets.”
The Index is calculated and published by Solactive AG. Solactive calculates indices for 160 clients in Europe, America and Asia. Approximately 25 billion USD are invested in products linked to indices calculated by Solactive globally, primarily via 145 ETFs. Solactive now ranks third in the US, in terms of ETFs linked to its indices.
The CSE Composite Index™ is distributed through major data vendors and the CSE.
For additional information about the composition and methodology of the CSE Composite Index™ please visit: www.thecse.com.
Solactive AG is one of the key players in the indexing space. Focusing on tailor-made indices, the German multi asset class provider is developing, calculating and distributing them worldwide. As of 30th June 2014, Solactive AG calculates indices for 160 clients in Europe, America and Asia. Approximately 25 billion USD are invested in products linked to indices calculated by the Company globally, primarily via 145 ETFs.
About the CSE
The Canadian Securities Exchange is one of the fastest growing equities exchanges because of its ability to lower the cost of Canadian public capital for entrepreneurs. Recognized as an exchange by the Ontario Securities Commission in 2004, the CSE is designed to facilitate the capital formation process for public companies through a streamlined approach to company regulation that emphasizes disclosure and the provision of efficient secondary market trading services for investors. The only exchange trading all Canadian listed equity securities, the CSE is home to more than 270 uniquely listed issues covering a broad range of industry sectors.