Stock market

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Market Insights

Maple undeterred by TMX snub

TMX group spurned Maple Group's $3.6 billion overture and decided to stick with the LSE. Maple Group Acquisition Corporation, a consortium of five of the country's largest pension funds and four Canadian bank-owned investment dealers, has expressed disappointment over the decision but hasn't given up the ghost yet.

By Vikram Barhat |May 24, 2011

3 min read

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Market Insights

TMX engulfed in bidding war

A battle for control of the TMX has begun. The opening salvo comes courtesy of a consortium of four Canadian banks and five Canadian pension funds who have jointly made a $3.7 billion hostile bid for TMX to derail LSE's $3 billion friendly bid made in February.

By Vikram Barhat |May 16, 2011

5 min read

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Industry

ATS make slight gains as TMX market share slips

The growth of alternative trading systems is eating into the market share of traditional Canadian stock exchanges, but it may be a little early to sound the death knell of the TMX Group. The combined value of trades placed on the Toronto Stock Exchange and the TSX Venture Exchange fell from 68.6% in Q2 2010, […]

By Staff |April 20, 2011

2 min read

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Industry

IPO market takes a pause: PwC

The impact of geo-political strife in the Middle East and North Africa and tripartite tragedy in Japan hindered the Canadian IPO market in the first quarter, according to the quarterly PwC survey of initial public offerings on Canadian equity exchanges. However, the pause could mean new investment opportunities for those waiting on the sidelines hoping […]

By Vikram Barhat |April 4, 2011

2 min read