General Motors Company to Open Trading on Toronto Stock Exchange Today
TORONTO, Nov. 18 /CNW/ - Kevin Williams, President and Managing Director, General Motors of Canada Ltd., Carol Stephenson, Dean, Ivey School of Business and Member of the General Motors Company Board of Directors, and Ken Lewenza, President of the Canadian Auto Workers, will join Tom Kloet, CEO, TMX Group to open trading on Toronto Stock Exchange this morning.
The market opening ceremony is in celebration of General Motors' planned initial public offering on Toronto Stock Exchange. General Motors is expected to begin trading today under the symbolTSX:GMM.U.
"We are very pleased to welcome General Motors to Toronto Stock Exchange," said Mr. Kloet. "We're proud that we were able to assist with GM's Canadian financing objectives."
Toronto Stock Exchange has welcomed 137 new companies during the first ten months of 2010, representing a 96% increase over the same period in 2009.
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 2 and is produced at the TMX Broadcast Centre and sent live to the TOC. Those featured in the market opening move into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies provide trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto with offices in Montreal, Calgary and Vancouver. For more information about TMX Group, visit our website at www.tmx.com.
For further information:
Carolyn Quick
Director, Corporate Communications
TMX Group
416-947-4597
[email protected]
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