TMX Group to Expand Into Private Markets
New Business to Provide Private Companies with Efficient Access to Investors
March 25, 2014 (TORONTO) – TMX Group today announced plans to launch a business to facilitate capital raising and the trading of securities in the exempt market. The new business, which is called TSX Private Markets, enables TMX Group to serve companies throughout their evolution from start-up, to private issuer, to public issuer.
“TMX Group has long demonstrated a commitment to innovation across our markets in terms of the products, services and technology offerings we provide to customers,” said Tom Kloet, CEO, TMX Group. “Today we are proud to announce the development of an exciting new service for Canadian private companies, which is evidence both of our organization’s depth of expertise and our eagerness to serve these companies.”