Diamond Exchange to open in Ottawa
The Canadian Stock Exchange (CSE) is to open its first trading floor in Ottawa on Friday, the company announced.
CSE is also to open a new office in Edmonton.
The Canadian Diamond Exchange (CDE) will open in the city’s West End by June 2021.
The company said that the new building will have the same size and look as the one in Vancouver.
The new CSE will operate as a wholly-owned subsidiary of the Canadian Imperial Bank of Commerce (CIBC).
CIBC is the largest Canadian bank with a market capitalisation of $14.7 trillion.