Electronic trading

Big Deal: TMX/LSE suddenly seems small

Amid the hand-wringing that the merger of the TMX Group with the LSE would be a loss of sovereignty, a return of our old colonial masters, there’s another deal in the works that should knock the wind out of the assertion that this is an afront to Canadian pride. The Deutsche Borse, the operator of […]

By Steven Lamb |February 10, 2011

1 min read

London calling: TMX to merge with LSE

TMX Group, operator of the Toronto Stock Exchange, has announced that it will merge with the London Stock Exchange. The result would be a trans-Atlantic market with a dominant role in capital financing for the mining industry. The spin off for Canadian investors is that the investing population of Britain — more than double that […]

By Steven Lamb and Dean DiSpalatro |February 9, 2011

2 min read

Best of 2010: Flash crash spurs single stock circuit-breakers

Blog Polls Stock markets are occasionally unruly free-for-alls—or freefalls. The May 6 “flash crash” —where the Dow Jones Industrial Average plunged almost 1,000 points intraday—has sent securities regulators searching for explanations, culprits and safeguards. While the flash crash was less severe in Canada—the sympathetic movement on the Toronto Stock Exchange lagged the U.S. by two […]

By Scot Blythe |November 19, 2010

4 min read

The limits of liquidity

When stock markets seized up in early May 2010 — the Dow Jones Industrial Average did a 15-minute, 1,000 point bungee jump — many were quick to point the finger at other fingers: the ones attached to ham-handed traders mistyping their sell orders. Maybe. Or maybe it was something else. Welcome to the new world […]

By Scot Blythe |September 7, 2010

4 min read