TMX Group launches TSX Private Markets
November 14, 2014 (TORONTO) - TMX Group today will hold a market open ceremony in Toronto to celebrate the launch of TSX Private Markets, a new business designed to support efficient capital raising and secondary trading within Canada's exempt market. An extension of TMX Group's leading equities markets ecosystem, this new service will provide enhanced access to capital for private and public issuers and exempt market liquidity for approved dealers and their accredited investors.
Lou Eccleston, CEO, TMX Group, will be joined by Kevan Cowan, President, TSX Markets and Peter Conroy, President, Shorcan Brokers Limited to open trading on Toronto Stock Exchange today to mark the launch.
"TSX Private Markets is open for business, and we are excited to begin onboarding dealers and companies" said Mr. Cowan. "Our new service offering aims to address existing challenges and create opportunities in an underserved segment of our markets."
TSX Private Markets is operated by Shorcan Brokers Limited, a wholly-owned subsidiary of TMX Group and a registered exempt market dealer in every jurisdiction in Canada. TSX Private Markets will provide a voice-brokered transaction service complemented by an informational website.
For more information, please visit www.tsxprivatemarkets.com.
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at TMX and sent live to the Toronto TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a SIREN (the traditional market open on Toronto Stock Exchange)
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter at https://twitter.com/tmxgroup.