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Market open ceremony welcomes TSX's fifth new ETF provider in 2016

TORONTO, July 19, 2016 /CNW/ - Toronto Stock Exchange (TSX) welcomes WisdomTree Investments, Inc. (WisdomTree), the industry's ninth largest exchange-traded fund (ETF) provider globally, to the Exchange.  WisdomTree will open the market this morning to celebrate the launch of six new Canadian ETFs, which began trading on TSX last Thursday. 

"We are delighted to welcome WisdomTree to our world class lineup of ETF providers," said Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group. "Momentum in this segment of the market continues to build and we are especially honoured that WisdomTree has chosen to list their set of products on TSX as their initial foray into the Canadian market."

Jonathan Steinberg, WisdomTree CEO and President, and Raj Lala, WisdomTree Head of Canada, will join Mr. Thadaney to open trading this morning at 9:30 a.m. ET.

As of June 30, 2016, there were 420 ETFs listed on TSX with a combined market capitalization of over $100 billion.  For more information on ETFs and other exchange traded products, visit TMX Group's ETF Centre at: http://app.tmxmoney.com/etp/.  The portal provides in-depth information on ETFs, including basic education, investment strategies and videos.

For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m.

About TMX Group (TSX:X)

TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.

This news release is not, and should not be construed as, an invitation to purchase securities listed on TSX. TMX Group and its affiliates do not endorse or recommend any of the referenced securities nor should any statement in this news release be construed as advice regarding a broad investment strategy. Listing on TSX does not guarantee the future performance of a security. Please seek professional advice to evaluate specific securities.

SOURCE TMX Group Limited