NEO Becomes First Canadian Stock Exchange to Offer Real-Time
Market Data on Yahoo Finance
TORONTO–(BUSINESS WIRE)–The
NEO Exchange (“NEO”) is proud to announce that it has taken the
global retail investor experience to the next level by making real-time
market data for all NEO-listed securities available across the Yahoo
Finance platform, in addition to the Apple Stocks app. As a leading
global business and finance content brand that on average attracts more
than 100 million visitors worldwide across all of its platforms*, the
availability of real-time market data on Yahoo Finance is a significant
differentiator for NEO-listed companies and funds. It is also a first
for Canada; market data provided by all other Canadian stock exchanges
to the Yahoo Finance platform is delayed by 15 minutes.
NEO has also obtained Recognized Other Exchange Trading Venue status on
Deutsche Börse. This, in addition to NEO’s Qualified Foreign Exchange
status on OTC Markets, enables a seamless retail investor trading
experience in NEO-listed securities across the US and Europe. This once
again demonstrates NEO’s unwavering commitment to investors, public
companies and exchange-listed products.
“Providing our market data in real time to Yahoo Finance and enabling
our NEO-listed companies to access global quotation boards have been two
strategic priorities for us at NEO. The integration of these two
initiatives gives Canadian, US and European investors the ultimate
experience with, and exceptional access to, NEO-listed securities. This
is a win for investors and a true differentiator for public companies
and investment products that list on NEO,” said Jos Schmitt,
President and Chief Executive Officer, NEO. “We are thrilled to be
the first exchange in Canada to freely offer our market data in
real-time to such a robust community of retail investors as it will help
them make more informed investment decisions.”
“Yahoo Finance is constantly looking for ways to heighten consumer
experiences for our deeply engaged audience on our platform and within
our app,” said Yahoo Finance Canada Managing Editor, Allan Shifman. “The
ability to share real-time market data from NEO adds another dimension
to our extensive offering of market data to our user base.”
Market data distributed via Yahoo Finance is available on the Yahoo
Finance website, the iOS and Android Yahoo Finance app, and on the new
Yahoo Finance Premium, a paid subscription offering for retail investors
set to launch in the US in Q2 2019.
“Having free real-time market data for our NEO-listed ETFs available
to every connected investor around the world is a clear advantage for
us,” said Som Seif, Chief Executive Officer at Purpose Investments. “NEO
shares our unrelenting focus on customer-centric innovation, and I have
had the opportunity to witness this commitment first-hand. It is
rewarding to have a partner that deeply cares about advancing Canadian
capital markets and is dedicated to solving complex challenges with a
global perspective.”
“We have recently experienced that global quotation boards are
important avenues to consider as we work to reach the broadest possible
investor audience. We are very pleased that NEO encouraged us to
explore these options as we have since increased our following globally.
Adding free real-time market data for every investor on this planet with
a mobile device is what every public company in Canada is longing for.
And NEO did it,” added Kiran Sidhu, CEO, Halo Labs.
Real-time market data of NEO-listed securities is also free for all
investors on the NEO
website, domestic and global data distribution and trading
platforms, and Canadian discount brokerage platforms. Real-time market
data of other Canadian listed securities traded on NEO is also available
for free for retail investors globally.
*Source: Comscore Custom Reporting, Multi-Platform, Avg. October 2018 to
December 2018 , Global
About NEO Exchange
Neo Exchange Inc. is Canada’s next
generation stock exchange, putting the needs of investors, businesses
looking to raise capital and dealers first. Fully operational since June
2015, the NEO Exchange currently offers an innovative
and investor-driven trading platform for all Canadian publicly-traded
securities. It also has a value-added listing approach for capital
raising companies and investment products, focused on liquidity,
transparency and efficiency. For more information, please visit: NEOstockexchange.com
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Contacts
Media Contact:
Adam Bornstein
E: [email protected]
P:
905.505.2540
