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BankM - biw AG is the new Designated Sponsor for Agnico-Eagle Mines Ltd., globally one of the largest and fastest growing gold production companies.

Publication: Business Wire
Publication Date: 27-MAR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
- Increased attractiveness of the Agnico-Eagle shares in the German market - BankM - biw AG facilitates liquid and transparent trading on Deutsche Boerse's leading international trading platform XETRA(R)

FRANKFURT -- Starting April 1st 2009, BankM - Repraesentanz der biw Bank fur Investments und Wertpapiere AG will support the shares of Agnico-Eagle Mines Limited, Toronto, Canada, on the electronic trading platform XETRA(R) of Deutsche Boerse AG as the company's so called 'designated sponsor' (market maker). Designated Sponsors provide additional liquidity, in particular for less liquid instruments. They support trading on XETRA(R) by offering binding prices for the bid- and ask-side (known as quotes) and are responsible for alleviating...

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