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July 28, 2014
Press Release

TMX Group clearing entities recognized as Qualifying CCPs

The Bank of Canada and certain provincial commissions today announced that the TMX Group Limited central counterparties (CCPs) – CDCC, CDS and NGX – can each be considered qualifying central counterparties (QCCPs) pursuant to the standards developed by the Basel Committee on Banking Supervision and adopted by OSFI. This status allows certain bank exposures to the CCPs to be subject to lower capital requirements.

July 10, 2014
Press Release

WattEx launched on new NGX TradePathTM platform

NGX announced the launch, through its wholly-owned subsidiary Alberta Watt Exchange Limited, of electricity trading on the state-of-the-art NGX TradePath platform this week. NGX TradePath is a browser-based trading system, designed and developed for the WattEx Ancillary Services market and trading partners.