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CNSX Markets Named Outstanding Data Provider by FISD

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FOR IMMEDIATE RELEASE
SIIA/FISD Communications Contact: Laura Greenback, 202.789.4461, This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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CNSX Markets Named Outstanding Data Provider by FISD
Annual Award Recognizes Strong Customer Service and Communication

(Washington and Toronto) December 21, 2012 - The Financial Information Services Division (FISD) of the Software and Information Industry Association (SIIA) presented the 2012 Outstanding Data Provider Award to CNSX  Markets Inc.,  operator of the Canadian National Stock Exchange and Pure Trading. The award was presented at the FISD General Meeting in New York on December 18.

This award was created by the FISD Service Level and Communications Working Group to recognize the exchange or data provider that most closely adheres to the Working Group’s Best Practice Recommendations. These recommendations are guidelines for communication and notification sent by exchanges and information providers to their customers and downstream distribution partners for events such as system upgrades, administrative and policy changes, new product introductions, and unplanned interruptions.

Other nominees for this year’s award were BATS Chi - X Europe, Johannesburg Stock Exchange, and Oslo Bors.

“We are very pleased to receive this award and are grateful to members of the FISD for recognizing our dedication to providing a high level of  service to our customers and the downstream users of our data” said Richard Carleton, CEO of CNSX Markets.  “Receiving this award would not have been possible without the efforts of our dedicated and experienced staff.”

Tom Davin, Managing Director of FISD, said “CNSX Markets is a highly deserving recipient of this recognition.  They place a strong emphasis on communicating with the financial information industry in a clear, complete and timely manner.”

“In addition, over the past year we’ve seen evidence of an increasing number of exchanges that utilize the Best Practices document when developing or modifying their policies and practices.  This provides confirmation of the value and benefits the Service Level and Communication Working Group and their efforts provide to our industry”, added Davin.

About FISD
The Financial Information Services Division (FISD) of the Software and Information Industry Association provides a neutral business forum for exchanges, market data vendors, specialist data providers, brokerage firms, investment managers and banks to address and resolve business and technical issues related to the distribution, management, administration and use of market data. Participants use the forum to exchange ideas, build business relationships and improve the business climate associated with the worldwide flow of financial information. For more information, visit www.fisd.net.

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 500 leading software and information companies. For further information, visit www.siia.net.

About CNSX Markets
CNSX Markets Inc. is a Canadian company established in 2001 that operates the Canadian National Stock Exchange and Pure Trading.  The company was recognized by the Ontario Securities Commission as a stock exchange in 2004, and in 2007 with the launch of Pure Trading, provided the Canadian trading community with the first competing electronic continuous auction market facility.