S&P, TMX Group to Launch Volatility Index for the Canadian Stock Market

On Monday, October 18, 2010, Standard & Poor’s and TMX Group (operator of the Montréal Exchange and the Toronto Stock Exchange) will bring the “fear index” to the Canadian stock market with the launch of the S&P/TSX 60 VIX (ticker: VIXC). The new Index will replace the current MVX index calculated by the Montréal Exchange. For more information, you can consult the press release issued earlier today. More information will be available on MX Web site on Monday morning.

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