Stock market

IPO market defies odds Fallback Image Decorative pattern

Industry

IPO market defies odds

Braving a string of economic uncertainties from Europe, the U.S. and Japan, the Canadian market for initial public offerings continues to flourish, according to the quarterly PwC survey of activity on Canadian equity exchanges. IPO activity in Canada picked up speed in the second quarter of 2011, but could have returned a better figure were […]

By Vikram Barhat |July 6, 2011

2 min read

Maple undeterred by TMX snub Fallback Image Decorative pattern

Market Insights

Maple undeterred by TMX snub

TMX group spurned Maple Group's $3.6 billion overture and decided to stick with the LSE. Maple Group Acquisition Corporation, a consortium of five of the country's largest pension funds and four Canadian bank-owned investment dealers, has expressed disappointment over the decision but hasn't given up the ghost yet.

By Vikram Barhat |May 24, 2011

3 min read

TMX engulfed in bidding war Fallback Image Decorative pattern

Market Insights

TMX engulfed in bidding war

A battle for control of the TMX has begun. The opening salvo comes courtesy of a consortium of four Canadian banks and five Canadian pension funds who have jointly made a $3.7 billion hostile bid for TMX to derail LSE's $3 billion friendly bid made in February.

By Vikram Barhat |May 16, 2011

5 min read

ATS make slight gains as TMX market share slips Fallback Image Decorative pattern

Industry

ATS make slight gains as TMX market share slips

The growth of alternative trading systems is eating into the market share of traditional Canadian stock exchanges, but it may be a little early to sound the death knell of the TMX Group. The combined value of trades placed on the Toronto Stock Exchange and the TSX Venture Exchange fell from 68.6% in Q2 2010, […]

By Staff |April 20, 2011

2 min read