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GFG GFG Resources Inc

0.085
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
GFG Resources Inc TSXV:GFG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.085 0.08 0.085 0.085 0.085 0.085 4,459 01:00:00

egX Canada Completes Internal Systems Review and Initiates Connectivity Testing

12/09/2008 2:00pm

Marketwired Canada


egX Group (TSX VENTURE:GFG) is pleased to announce that egX Canada has completed
a vulnerability assessment report based on scans conducted by
PricewaterhouseCoopers LLP of its non-trading systems. The tests conducted
focused on internal and external systems that are considered most at risk of
being compromised. Filing the external and internal vulnerability assessment
report on egX's non-trading systems with the British Columbia Securities
Commission (BCSC) satisfies a pre-operating condition contained in the
recognition order issued by the BCSC.


"We have initiated trading system connectivity with Investment Industry
Regulatory Organization of Canada (IIROC) dealer members and vendors and invite
industry participants that have not yet contacted us to participate," said Mary
Wong, egX Canada President. "Confirming end-to-end functionality with industry
participants is a key component in developing our new securities marketplace for
the real estate industry."


Recent pre-operating conditions and milestones achieved by egX Canada include:

- Agreement and confirmed connectivity with Clearing and Depository Services
Inc. (CDS) for the provision of trade clearing and settlement services.


- Agreement and confirmed connectivity with IIROC to provide regulation services.

- Final release of trading platform software accepted and integration testing
completed with NASDAQ OMX.


About egX Group

egX Group is developing egX, a global securities marketplace designed for the
listing and trading of real estate and infrastructure. The Company is preparing
to launch its first marketplace in Canada under egX Canada, a wholly-owned
subsidiary of egX Group. To achieve global presence and to penetrate
international markets under the egX brand, egX Group is partnering with
interested parties established in the key international financial centers in
Europe, the Middle East, the Asia-Pacific region, and the Americas. Additional
information is made available at www.egXWorld.com.


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