Results beat analyst expectations
Derivatives trading and clearing businesses put in strong performance
Tagging will enhance transparency, the exchange says
TMX Group asked the regulators last week for more time to analyze and provide feedback on the plans
Securities regulators in Canada and the U.S. are planning a coordinated study
TMX Group argues that domestic clearing firms are subject to prescriptive requirements while some foreign players are granted exemptions from these requirements
Further research is needed to test expanding a blockchain-based system to include multiple asset classes, different types of trades and participants
The exchange operator will conduct an internal test this weekend
The proposed program is expected to take effect on Nov. 1
His former position as president and CEO of TMX Global Solutions, Insights and Analytics Strategies will not be replaced