The TMX Group Inc. (TSX: X) owns and operates stock exchanges, the Toronto Stock Exchange (TSX), and the TSX Venture Exchange (TSX-V), formerly known as the Canadian Venture Exchange (CDNX), the Montreal Exchange, the Natural Gas Exchange and the Boston Options Exchange. TMX Group operates Canada's two national stock exchanges: Toronto Stock Exchange serving the senior equity market and TSX Venture Exchange serving the public venture equity market. It also serves the Natural Gas Exchange (NGX), a North American exchange for the trading and clearing of natural gas and electricity contracts and Shorcan Brokers Limited, the country's first fixed-income interdealer broker. TMX Group also owns The Equicom Group Inc., a provider of investor relations and related corporate communication services in Canada.

The TMX Group is the leader in the oil and gas sector. At the end of 2007, there were 434 oil and gas companies with a total market capitalization of $544.9 billion listed on Toronto Stock Exchange and TSX Venture Exchange. Oil and gas companies continue to raise equity on these exchanges with $5.56 billion raised in the first half of 2007, and $10.5 billion raised in 2006. Over 10 billion oil & gas shares, valued at $169.2 billion, traded on Toronto Stock Exchange and TSX Venture Exchange in the first half of 2007.

History[link]

In 2001, the Toronto Stock Exchange acquired the Canadian Venture Exchange (formed by the merger of the Vancouver Stock Exchange and Alberta Stock Exchange on November 29, 1999), which was renamed the TSX Venture Exchange on July 31, 2001. The acquisition was carried out through a parent company, TSX Group Inc..

The Montreal Exchange was acquired on December 10, 2007 for C$1.31 Billion ^{[2] [3]} The acquisition was completed on May 1, 2008 and the corporation subsequently renamed to TMX Group Inc.

On June 11, 2008 at a meeting of shareholders of TSX Group Inc a resolution to change the name of the corporation to TMX Group Inc. was put forward.^[4]

On February 9, 2011, the London Stock Exchange Group announced that they had agreed to merge with the TMX, creating a combined entity with a market capitalization of $5.9 trillion (£3.7 trillion). Xavier Rolet, CEO of the LSE Group, will head the company, while TMX Chief Executive Thomas Kloet will become president. Based on data from November 30, 2010 the new stock exchange would be the second largest in the world with a market cap 47% greater than the Nasdaq.^[5] Announced on June 1, 2011, the provisional name for the combined group would be LTMX Group plc.^[6]

On June 13, 2011, a rival bid from the Maple Group of Canadian interests, was unveiled: a cash and stock bid of $3.7 billion CAD, in hopes of blocking the LSE Group's takeover of TMX. The group is composed of the leading banks and financial institutions of Canada.^[7] Luc Bertrand, spokesman for Maple Group and one of the drivers of the bid is vice chairman of the National Bank of Canada and also TMX Group's largest individual shareholder.^[8]

On June 22, 2011, the LSE Group and TMX agreed to pay a special dividend to shareholders. The special dividend is meant to sway voters away from Maple Groups rival bid.^[9] The dividend was valued at $678 million with TMX shareholders receiving $4 per share and LSE shareholders receiving $1.36 per share. Including the special dividend, the LSE agreement would be valued at $48.90 per share versus the $48 per share of Maple. The exchanges also pledged to maintain the dividend at least as high as the current TMX annual payout, which is C$1.60 a share. ^[9]

On June 29, LSEG and TMX terminated the merger plans after it appeared that the merger would not be approved by the need two thirds majority of TMX shareholders.^[10]

Management[link]

The former CEO of the TSX Group was Barbara Stymiest. On September 2004, Stymiest announced her resignation as CEO of the TSX Group so that she could join the RBC Financial Group to serve as its COO [1]. On December 2004, the TSX Group announced the appointment of Richard Nesbitt as the new CEO of TSX Group. Nesbitt had previously served as President and Chief Executive Officer of HSBC Securities Canada . Nesbitt stepped down in January 2008, and was replaced by Thomas Kloet on July 14, 2008.

References[link]

External links[link]

• TMX
• Exchange: The official TMX Group blog
• Montreal Exchange
• Natural Gas Exchange NGX
• Alberta Watt Exchange

TMX may refer to:

• Thiamethoxam, a second generation neonicotinoid insecticide
• TMX Group, parent to the Toronto Stock Exchange and Montreal Derivatives Exchange
  • Toronto Stock Exchange (TSX), can be mistakenly referred to by its parent
  • Montreal Exchange (MX), can be mistakenly referred to by its parent
  • LTMX Group, the parent to the TMX group, can be mistakenly referred to by its subsidiary
• Telmex, whose NYSE ticker symbol is TMX
• Translation Memory eXchange format
• Timmapur, a railway station in India whose station code is TMX
• Transaction Management eXecutive, NCR Corporation's old proprietary operating system running on 5000 series Tower systems
• Tickle Me Elmo#TMX, a Sesame Street themed product, said to revolutionize the stuffed-toy industry
• TrackMania eXchange, the popular track-swapping site for the TrackMania series by Nadeo
• Toronto Music Expo, former name of Music & Home Entertainment Show
• TMX, the code on Kodak T-MAX 100 negative film

This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.

Look up group in Wiktionary, the free dictionary.

A group is a number of things or persons being in some relation to one another.

Mathematics[link]

• Group (mathematics), a set together with a binary operation satisfying certain algebraic conditions
  • Group theory, the study of groups
  • Group action, a way of describing the symmetries of objects using groups
  • Group isomorphism, a one-to-one correspondence (function) between two groups which respects the given group operations
  • Group object, a kind of generalization of a group which is built on more complicated structures than sets

Science[link]

Chemistry

• Functional group, a functional entity consisting of certain atoms whose presence provides a certain property to a molecule
• Group (periodic table), a column in the periodic table of chemical elements

Biology

• Cultivar group, a formal classification category in the International Code of Nomenclature for Cultivated Plants (ICNCP)
• Group selection, in evolutionary biology, the idea that alleles can become fixed or spread in a population because of the benefits they bestow upon groups of organisms

Cosmology

• Galaxy groups and clusters, a small number of galaxies near each other
  • Local Group, the group containing the Milky Way Galaxy

Other

• Group delay and phase delay
• a set of lenses stacked together
• Group (stratigraphy), in geology, a lithostratigraphical unit; a group consists of formations, or rock strata.

Business[link]

• Business group, a legal entity comprising several companies

Sociology[link]

• Social groups, a description of various human groups
  • Peer group
  • Working group
  • Interest group
• Group action (sociology)
• Group affective tone
• Group aggression
• Group attribution error
• Group behaviour
• Group cohesiveness
• Group conflict
• Group development
• Group dynamics
• Group guilt
• Group narcissism
• Group polarization
• Group psychological abuse
• Group scapegoating
• Group-serving bias

Computing and the internet[link]

• Group (computing), a collection of users or other objects
  • Group identifier (Unix)
• Group editor, a program that allows many people to edit a shared document over a computer network
• Usenet newsgroup

Military[link]

• Army group
• Group (air force), an air force formation
• Group Captain

Other uses[link]

• Breed Groups (dog), the group or category to which breeds of dogs are assigned by kennel clubs
• Group (auto racing), a category of car allowed to compete in auto racing.
• Group insurance covering people with common characteristics
• A musical ensemble:
  • Boy band
  • Girl group
  • Groupies

See also[link]

• Grouping (disambiguation)
• The Group (disambiguation)
• Functional group (disambiguation)

This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.