TMX has the Montreal Exchange
and a stake in Boston Options Exchange, but they are small beer compared to NYSE Liffe and Eurex.
* Canada's first carbon trading market, a joint venture between the Montreal Exchange
and Chicago Climate Exchange, was launched in May 2008.
"A year ago, the Montreal exchange
was a live trading floor, manned by bustling traders.
TMX subsidiaries include the Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange
, Canadian Derivatives Clearing Corp., Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers and Equicom.
TMX's SOLA derivatives platform -- currently used by LSEG's UK-based EDX and Italian IDEM derivatives markets, the Montreal Exchange
and Oslo BA[cedilla]rs -- will also support a new equity derivatives offering from Turquoise.
TMX through its subsidiary companies, the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange
, Canadian Derivatives Clearing Corporation, Trayport and others, provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services worldwide.
9 December 2013 -- Canadian exchange operator TMX Group Ltd (TSX: X) said that its Montreal Exchange
achieved a new open interest record on the Three-Month Canadian Bankers' Acceptance Futures reaching 866,569 contracts on December 4 2013.
TMX, which also owns the Montreal Exchange
, a derivatives trading venue, was previously a minority partner in the LSE's derivatives platform, EDX London.
In 1975, the Montreal Exchange
changed the Canadian financial environment by introducing stock options.
TMX's key subsidiaries, Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, the Canadian Depository for Securities, Montreal Exchange
, Canadian Derivatives Clearing Corporation, Trayport and other TMX Group companies operate cash and derivative markets and clearinghouses for multiple asset classes.
The company was to list on the Montreal Exchange
in 2001 when BMO issued a notice of default, which eventually led to the firm's collapse.