Financings
Microsoft (MSFT) BMO CDR et al. begin trading on Cboe

ZXOM · Price
Executive Summary
- Bank of Montreal (BMO) launched five new Canadian Depositary Receipts (CDRs) providing exposure to major U.S. equities such as Microsoft, Eli Lilly, Exxon, Chevron and Robinhood.
- The CDRs began trading on the Cboe Canada exchange today, with the initial offering now closed.
Key Details
- New CDR Tickers: Five distinct tickers were introduced (specific ticker symbols not provided in the release).
- Underlying Exposure: Each CDR tracks a U.S. listed stock – Microsoft Corp., Eli Lilly & Co., Exxon Mobil Corp., Chevron Corp., and Robinhood Markets Inc.
- Trading Venue: All five CDRs are listed on the Cboe Canada exchange, effective the day of release.
- Offering Status: The initial offering phase has been completed; shares are now available for secondary market trading.
Notable Quotes
(No direct quotes were included in the release.)