CSE NewsMay 22, 2008

CNQ’s Pure Trading Has Record Day of Trading

CNQ’s Pure Trading Marketplace Has Record Day of Trading



 



Toronto: May 22, 2008 – Canadian Trading and Quotation System Inc. (“CNQ”) is pleased to announce that its Pure Trading marketplace today surpassed its previous records for share volume executed, and number of trades.  Today, Pure Trading executed 12,457 trades, involving over 6.1 million shares.  Previous records were 11,156 trades, and 5.054 million shares respectively.





Trading in the shares of BCE Inc. was particularly heavy today and closed at $32.62 with over 3 million shares being executed in the Pure Trading system.  This total represents more than 10 % of the share volume in BCE executed on Canadian exchanges today. Pure Trading typically accounts for more than 5% of the combined daily trading activity in over 20 different securities.  The top 10 traded issues on Pure Trading today were as follows:





Stock

Volume

Value

BCE Inc.

           3,036,049

      98,262,359

Bombardier Inc. Cl B, SV

             388,400

        2,877,952

Suncor Energy Inc.

             324,900

      22,939,022

Air Canada, Cl.A

             214,500

        1,737,480

Breakwater Resources Ltd.

             187,500

            138,315

Quebecor World Inc.

             165,500

               37,143

Nuvo Research Inc.

             136,000

             19,625

Nexen Inc.

             108,700

        4,291,025

Horizons Betapro S&P/Tsx Cap Energy Bear

             100,000

        1,184,000

CDN Natural Res.

               96,300

        9,868,304





“Today’s activity represents a major milestone in the development of Pure Trading’s reputation for reliability and system performance”, said Ian Bandeen, CEO and Vice-Chair of CNQ.  “Even with our busiest day yet, our dealer customers continued to see the kind of world class performance from the Pure Trading system they are coming to expect.”







About CNQ



Pure Trading provides an effective and cost efficient alternative for the trading of Canadian equity securities. It is the second major initiative of CNQ, which launched the first and only new Canadian stock exchange in over 70 years in 2003, and which continues to steadily add to its complement of listed companies, participating dealers and trading volumes. For more information please visit the websites at www.puretrading.ca and www.cnq.ca.





For more information please contact:



Ian Bandeen



Vice-Chair andCEO



CNQ



416-572-2000 ex 2265



[email protected]





Lida Preyma



Director, Business Development and Marketing



Pure Trading



416-572-2000 ex 2265



[email protected]