MX fuming over TSX and S&P deals
28 Sep 2007
Montreal Exchange (MX) and Toronto Stock Exchange (TSX) have again locked horns after Standard & Poor’s agreed a deal with TSX to shift its benchmark index away from its Canadian rival in 2009. The move has further soured the possibility of a merger between the two exchanges.
MX CEO, Luc Bertrand, was dismayed by TSX, after it negotiated a deal in August with S&P to take the S&P/TSX 60 (SFX) contract away from MX in 2009. Bertrand...
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