Stock market

Kloet seeks to allay merger fears

The head of the Toronto Stock Exchange has responded to criticism of his plan to merge the TMX Group with the London Stock Exchange Group, saying the deal will “deliver clear and significant benefits to Ontario.” Chief executive Tom Kloet appeared before the provincial legislature’s select committee, along with Xavier Rolet, CEO of the London […]

By Steven Lamb |March 2, 2011

2 min read

Desjardins research to be available in Europe

Desjardins Securities has signed a deal with ESN North America which will deliver the research on Canadian companies across Europe. “ESN North America is a natural partner for Desjardins Securities and Desjardins Group as a whole,” says Richard Nadeau, vice-chairman and managing director of capital markets with Desjardins Securities. “They provide access to over 1,200 […]

By Staff |March 1, 2011

1 min read

Little in LSE-TMX deal for investors

Although the mainstream media on both sides of the pond are going to town about the proposed LSE-TMX merger, the sense in the Canadian financial industry is that it’s not really going to set the Thames on fire. A deal like this only means two companies are looking to develop or defend their market, says […]

By Vikram Barhat |February 10, 2011

4 min read

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