A Visit to CGD in Canada - Office Found

Reason for this visit

As the major stock exchange in Canada, the Toronto Stock Exchange (TSE) is one of the largest stock exchanges in the world. In addition, Canada is home to some small exchanges such as CSE, NEO, etc., which predominantly focus on small and medium-sized enterprises and startups. In terms of regulation, the Canadian Securities Administrators (CSA) and the Investment Industry Association of Canada (IIAC) are responsible for regulating the stock market and brokers‘ operation to protect investors’ rights and interests. In general, driven by technology applications, Canadian stock market has access to steady growth of market size via enabling investors to have more convenient trading experiences. At the meantime, Canada has been attracting an increasing number of international brokers thanks to its perfect regulatory environment. In an attempt to help investors to get a more comprehensive understanding of the brokers in Canada, WikiFX survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Canada to visit broker CGD (licensee: Canaccord Genuity Direct) as planned according to its regulatory address that 609 Granville Street, Suite 2200 P.O. Box 10337, Pacific Centre Vancouver BC V7Y 1H2.

The investigators arrived at 609 Granville Street in Vancouver, Canada on November 17, 2023. Canaccord Genuity Place, a large office building, is located in the heart of a prosperous commercial district easily accessible via public transport with huge crowds of people.

After entering the building, the survey personnel found a digital directory, which displayed that CGD was situated on the 22th floor. And then the investigation team accessed the target floor, and clearly saw the company name and logo of Canaccord Genuity Direct, as well as its reception area in the office.

Through an on-side investigation, it is confirmed that the company does have a physical presence at the location.

Conclusion

The survey team went to Canada to visit broker CGD as scheduled, and found the companys name at its regulatory address. It indicates that the broker truly has a physical business office at the place. Meanwhile, investors are advised to make a judicious decision following an overall consideration.

Disclaimer

The content is used for informational purpose only, and shall not be taken as a final order for making a choice.