Australian investors can now trade all stocks listed on the Canadian Securities Exchange (CSE) via the Interactive Brokers (IBKR) platform, with IBKR noting global access to trading smaller minor companies is moving beyond domiciled countries.
The full suite of CSE-listed securities is eligible for trading on IBKR’s global system, which is used by 3.6 million clients and responsible for nearly 3.5 million daily trades.
Australian investors interested in resources companies, particularly the juniors, can now also trade Canada’s small cap miners.
“This is a major development for all stakeholders,” CSE Chief Executive Richard Carleton said.
“Access to the IBKR platform will increase liquidity, enhance price discovery, and support capital formation activities by CSE issuer companies.”
Interactive Brokers says the addition of CSE securities reflects strong customer demand and reinforces its mission to offer broad market access.
Steve Sanders, Executive Vice President at IBKR, said Interactive Brokers offers access to over 160 markets worldwide.
“The addition of CSE-listed securities expands our range of investment products,” Sanders said.
To trade CSE stocks, investors will need to enable Canadian data subscriptions on the IBKR platform. Securities can be searched using their ticker followed by “.CN” (for example “XYZ.CN”).
Write to Dan Petrie at Mining.com.au
Images: Stock
