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CDNX Offers a New Frontier for Traders

 

VANCOUVER -- Time heals all wounds.

The cliche holds particular relevance in the stock market, where investors are often willing to put aside old grudges in order to get a good return on their dollar.

It's also part of the reason the Canadian Venture Exchange, or CDNX, has been a smashing success since its inception Nov. 29. While the exchange has a long way to go before it earns the moniker "Nasdaq of the North," as the local press has taken to calling it, the CDNX has broken one record after another since the beginning of the new year. Earlier this week, the exchange reached new highs for trading volume and trading value. The CDNX Index, meanwhile, continues its amazing ascent, having doubled since its creation in the fall, and up more than 75% this year. ...

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