Corporate Governance

egX Group, through its corporate governance structure, has adopted the necessary checks and balances to ensure that the interests of controlling security-holders are not favored over egX Canada’s broader duties to be a gatekeeper of this new Canadian securities exchange. As we develop additional egX Marketplaces, we will ensure that similar committees and boards are in place for those egX Marketplaces.


The egX Group Board currently consists of seven directors and has a majority of independent directors. Two independent directors will be added to the board prior to the launch of egX Canada.


In 2007, the egX Group Board of Directors formally adopted Charters for the Audit Committee, the Compensation Committee, and the Governance Committee. The Compensation Committee is made up of independent directors and the Audit Committee and Governance Committee have a majority of independent directors.


The egX Canada Board will consist of a minimum of five directors and will have a majority of independent directors. Currently, egX Canada has two directors, one of whom is independent. At least three directors will be added to the board prior to the launch of egX Canada. egX Canada plans to have the same independent directors as on the egX Group board. This structure will ensure an efficient and effective exchange of information among egX Group directors and egX Canada directors and management.


egX Canada is forming a regulatory oversight committee, consisting of directors and industry participants, the majority of whom will be independent. egX Canada will also set up one or more advisory committees to consult on issues relating to real estate and listings.


egX Group adopted a Code of Conduct and Ethics that outlines specific obligations, provides guidance to recognize and deal with ethical issues, and establishes mechanisms to report unethical conduct. This code applies to all directors, officers, employees, and consultants of egX Group and its subsidiaries, including egX Canada. The code incorporates policies regarding privacy, trading, disclosure, respectful workplace practices, computer use and whistleblowers.

egX Board of Directors

egX Senior Management Team