- Reuters•2 months ago
Canada's competition watchdog concluded on Monday that the country's largest stock exchange operator, TMX Group Ltd, did not violate anti-competitive rules despite its refusal to share private market data with a rival. The statement followed an investigation prompted by a December 2015 complaint by Aequitas Innovations Inc, which operates the newly minted Neo Exchange, that contracts between TMX and investment dealers stymied its plans to offer a cheaper data pool sourced directly from the dealers. The Competition Bureau, an independent law enforcement agency, said it found evidence that TMX refused to share the data but that the conduct likely did not violate competition rules.
- Bloomberg•3 months ago
TMX Group CEO Lou Eccleston talks about ways to create value, giving ownership to BOX participants and whether further job cuts are being planned to save on costs. Yesterday, TMX Group raised its dividend ...
- Reuters•3 months ago
TMX Group Ltd posted a sharp percentage rise in quarterly profit and raised its dividend for the first time since 2010 late on Thursday, as Canada's main stock exchange operator turns to execute its refreshed strategy as competitive threats loom. The owner of the Toronto Stock Exchange said that excluding the cost of layoffs and other one-time items, it earned C$1.08 per share in the third quarter, beating the average analyst estimate of C$1.01. "In a year of transformative change, TMX has generated increased shareholder value and we are executing on a plan to strategically realign, strengthen and position our company for enduring success," Chief Executive Lou Eccleston said in the earnings statement.
TMXXF : Summary for TMX GROUP LTD - Yahoo Finance
TMX Group Limited (TMXXF)
Other OTC - Other OTC Delayed Price. Currency in USD
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|Day's Range||0.00 - 0.00|
|52 Week Range|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-277.35|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|