RSD Solutions is now a Canadian National Stock Exchange recognized service provider

by Michael Arbow, MBA

Partner, RSD Solutions Inc.

www.RSDsolutions.com

info@RSDsolutions.com

 

RSD Solutions is proud to announce that we are now a recognized service provider in risk management to companies listed or seeking listing on the CNSX. CNSX Markets Inc. is a Canadian company that operates two distinct markets: The Canadian National Stock Exchange; and Pure Trading, which provides a high-speed trading venue for stocks listed on other Canadian stock exchanges. CNSX competes for listings and trading by offering lower listing fees and innovative continuous disclosure features designed to minimize regulatory costs while improving the quality of information available to investors. With over 140 securities listed, CNSX is a full service exchange for issuers of various types of securities from all business sectors.  Listed securities include their recent record IPO, Brookfield New Horizon Income Fund, which successfully listed on the CNSX after having raised $130 million.

 

This is a significant event for RSD Solutions Inc. as it highlights our abilities to work alongside and advise Canadian publicly traded companies.  We at RSD are thankful to the CNSX for placing their trust in our expertise and we look forward to working with them and their clients in the future. 

 

To learn more about the CNSX, companies that are listed, or how to list, click on the link:

http://www.cnsx.ca/

 

To see the complete list of CNSX listed service providers click on the link:

http://tinyurl.com/3s5b7gk

Common Risk Networks

by Rick Nason, PhD, CFA

Partner, RSD Solutions Inc

www.rsdsolutions.com

info@rsdsolutions.com 

 

In risk management one of the mantras is to get everyone communicating with the same language on the same page with the same information network?  While intuitively appealing, this may be counterproductive.  Let me provide three quick examples. 

 

1.  Ants – as discussed in a previous blog, ants find food through feedback loops based on a sent trail left by other ants.  What is less known is that ant colonies also have dedicated ants that intentionally do not follow the path of others but instead seek out other sources of food via random searches. 

2.  In his book “Gut Feelings”, Gerd Gigerenzer explains how too much information can actually lead to less optimal decision making.  Essentially knowing too much about a situation, having too much information available, or believing that you have too much information leads to inferior decisions. 

3.  If everyone has the same information then you get systemic risk as everyone acts en masse – to frequently counterproductive outcomes.  This is seen in stock market bubbles and crashes, it is seem in program trading, it is evidenced by a form of groupthink.

 

Having the same language, frameworks and metrics sounds ideal in theory – but perhaps a little bit of confusion can ironically be helpful.