TORONTO--(BUSINESS WIRE)--Aequitas NEO Exchange (“NEO Exchange” or “NEO”), Canada’s newest stock exchange, is proud to accept the Technology Innovation Award presented by the Toronto Region Board of Trade at their annual Business Excellence Awards on November 9, 2016. The award recognizes NEO’s innovative technology solutions designed to address industry challenges such as curbing predatory high frequency trading.
“I am honoured to receive this award on behalf of the entire team at NEO and I thank the Toronto Region Board of Trade,” said Jos Schmitt, President and CEO, Aequitas NEO Exchange. “NEO began in 2013 with a simple call to action: to make Canada’s capital markets better. As traditional stock exchanges lost focus on their core purpose, there was a real need for competition and for a new exchange that was truly transformative. From day one, we knew we could not be more of the same. We are proud of this recognition from the Toronto Region Board of Trade. It confirms we are doing the right thing by offering innovative solutions that level the playing field so that all investors have an equal chance to participate in Canada’s capital markets and companies have the liquidity needed to succeed. Our innovation clearly differentiates us from our competitors.”
NEO, along with fellow disruptors, Wealthsimple and D-MARK Biosciences were the top three finalists from a competitive pool of over 20 nominees. NEO would like to congratulate all of its fellow nominees in this category for their tremendous contributions to Canadian business.
About NEO Exchange
Aequitas NEO Exchange Inc. is a new Canadian stock exchange using a bold new blueprint that puts investors, businesses looking to raise capital and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue and a value added listing venue for capital raising companies and investment products. The NEO Exchange is a wholly owned subsidiary of Aequitas Innovations Inc., a company founded by a diverse group of prominent investors representative of all Canadian capital market stakeholders. For more information, please visit: www.aequitas.neoexchange.com