Montreal – TSX tie up approved

11 Apr 2008

Montréal Exchange (MX) and TSX Group have received approval from the Autorité des marchés financiers (AMF) relative to the proposed combination of MX and TSX Group to create TMX Group. “We are very pleased that the...

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.