TMX Group Ltd. (TSX:X) is celebrating the launch of TSX Private Markets, a new business designed to support efficient capital raising and secondary trading within Canada’s exempt market.
An extension of TMX Group’s leading equities markets ecosystem, this new service will provide enhanced access to capital for private and public issuers and exempt market liquidity for approved dealers and their accredited investors.
“TSX Private Markets is open for business, and we are excited to begin onboarding dealers and companies” said Kevan Cowan, president, TSX Markets. “Our new service offering aims to address existing challenges and create opportunities in an underserved segment of our markets.”
TSX Private Markets is operated by Shorcan Brokers Ltd., a wholly owned subsidiary of TMX Group and a registered exempt market dealer in every jurisdiction in Canada.
TSX Private Markets will provide a voice-brokered transaction service complemented by an informational website.