The central bank’s continued interest rate hikes, as with those in the US and other countries, ruffled the feathers of the local mortgage market, which sits at an estimated C$2tn. Known as negative amortisation, this irregularity occurs when homeowners can only cover their monthly interest payments and not make a dent in the mortgage itself.…
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NEX Exchange, a NEX Group (LON:NXG) business which operates a regulated, UK stock exchange for small and medium companies, has just announced that Auxico Resources Canada Inc. (“Auxico”) has been admitted to trading on the NEX Exchange Growth Market. Auxico was founded in 2014 and is involved in the acquisition, exploration and development of precious…
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The Canadian Securities Exchange (CSE) announced that it is introducing an innovative securities clearing and settlement platform that harnesses the unique features of blockchain technology. The platform will enable companies to issue conventional equity and debt through tokenized securities, which would be offered to investors through Security Token Offerings (STOs). Unlike blockchain-based cryptocurrencies, the STOs…
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Itiviti, a technology provider for the capital markets industry, and the Canadian Securities Exchange (CSE), the alternative for companies looking to access the Canadian public capital markets, announced that has partnered to deliver a state-of-the-art automated testing solution to enable continuous integration testing and defect reporting in the CSE’s multi-protocol trading environment. To deliver the…
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