Opponents fear a small, powerful group taking control of most of the trading and listing business and all of the clearing business
Combining trading and clearing would create efficiencies and those cost savings would be passed along to market participants
Cross border transactions accounted for 47% of total deal volume in the third quarter
Lack of competition in equities trading and clearing and settlement services worries smaller investment firms
Parizeau says AMF should use veto to ensure Montreal doesn't become a shell for derivatives
Dealership acquires Global Exempt Market Solutions, one of its main competitors
Maple and TMX refuse to make new commitments to Montreal in AMF hearing
Stakeholders get their say
Deal combines equities, futures and derivatives
Price at closing is $199 million