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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (85337)	6/16/2007 4:50:36 PM
From: Taikun	Read Replies (1) \| Respond to of 312462

C, Yes, still very small, but brokers are really getting peeved at TSX. Lundin did a deal on the CNQ, BKNN, 40 cents to 7.20 since Jan. 07 to present cnq.ca IB recently had to increase trading fees because TSX raised fees, this has the effect of widening bid ask spreads. I may be early on my comment on CNQ, but it is gaining momentum. The TSX saw small traders playing the bid ask and wanted a piece of the action, thats why fees rose. If you're talking a game for the boyz, well thats the TSX. The cofounder of Blackmont told me that the CNQ did everything right in setting up the exchange. More brokers are signing on to CNQ. IB just joined. puretrading.ca Full list: Berkshire Securities Inc. Blackmont Capital Inc. BMO Nesbitt Burns Inc. Brant Securities Limited Brockhouse & Cooper Inc. Byron Securities Limited Canaccord Capital Corporation CIBC World Markets Inc. Citigroup Global Markets Canada Inc. Clarus Securities Inc. Cormark Securities Inc. Credit Suisse Securities (Canada) Inc. Desjardins Securities Dundee Securities Corporation E*Trade Canada Securities Inc. e3m Investments Inc. Fimat Canada Inc. FirstEnergy Capital Corp. Genuity Capital Markets Global Securities Corporation GMP Securities LP Haywood Securities Inc. HSBC Securities (Canada) Inc. Infinium Capital Corp. Instinet Canada Ltd. Integral Wealth Securities Limited Interactive Brokers Canada Inc. ITG Canada Corp. Jitney Group Inc. Jones, Gable & Company Limited Laurentian Bank Securities Inc. Leede Financial Markets Inc. MacDougall, MacDougall & MacTier Inc. Merrill Lynch Canada Inc. Morgan Stanley Canada Ltd. National Bank Financial Norstar Securities LP Northern Securities Inc. Octagon Capital Corporation Odlum Brown Ltd. Orion Securities Inc. Pacific International Securities Inc. Paradigm Capital Inc. Penson Financial Services Canada Pictet Canada L.P. Questrade Inc. Raymond James RBC Dominion Securities Inc. Research Capital Corporation Scotia Capital Inc. TD Securities Inc. Tristone Capital Inc. UBS Securities Canada Inc. Union Securities Ltd. W.D. Latimer Co. Limited Wellington West Capital Markets Inc. Westwind Partners Inc. Wolverton Securities Ltd cnq.ca Features like more market data for free will help CNQ as well. So I don't think its obscure, rather it is more transparent. Some brokers may not have online CNQ trading yet. So maybe its not for everyone right now, but it is a space to watch. D