B.C.-based egX Group Inc. (TSX-V:GFG), which is launching the first real estate stock exchange in the world, has filed with the Ontario Securities Commission to operate in Ontario.
The move comes four months after egX received its recognition order from the B.C. Securities Commission after spending years applying to become an exchange.
The exchange, which will trade exclusively in real estate-backed securities, announced last week that it had signed an agreement with a consortium of European Union businesses to develop and implement an egX marketplace in Ireland and the U.K.
egX's share price range during the past week: between $0.35 and $0.39; 52-week high: $0.77; 52-week low: $0.20.