AMF closes investigation
The Quebec regulator could ask for the merger agreement to be reopened for changes, which could spell trouble
Shareholders vote overwhelmingly in favour of the deal
Asks AMF to ensure derivatives activities be managed from Montreal
Exchange posts declines in transaction and clearing revenues
Montreal Exchange Inc. (MX) announced Friday that it has filed an application to the Autorité des marchés financiers (AMF) for an amendment of its recognition as a self-regulatory organization and its authorization to carry on business as an exchange. The amendment to MX’s recognition order is required in the context of its proposed combination with […]
Special meeting to be held on Feb. 13
Montreal Exchange Inc. announced today that it has reached an agreement to increase its ownership position in the Boston Options Exchange (BOX) from 31.4% to 53.2%, subject to regulatory approval.Under the terms of the agreement with the Boston Stock Exchange (BSE), a partner in BOX, MX will pay US$52.5 million in cash for the 21.9% […]
Quebec’s Autorite des marches financiers will examine possible insider trading in shares of Montreal Exchange before the derivatives exchange announced this week that it would be taken over by TSX Group, according to a report by the Globe and Mail.Quebec’s finance minister, Monique Jerome-Forget, said at a news conference that the AMF was looking into […]
Combination removes uncertainty over the future of derivatives in Montreal