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TMX in Talks to Buy Direct Edge.

Authors :
Dummett, Ben
Bunge, Jacob
Patterson, Scott
Das, Anupreeta
Source :
Wall Street Journal - Eastern Edition. 7/12/2012, Vol. 259 Issue 8, pC1-C2. 2p. 1 Color Photograph, 1 Graph.
Publication Year :
2012

Abstract

The article discusses TMX Group Inc., the top stock exchange operator in Canada, and its efforts to acquire the U.S. exchange group Direct Edge Holdings LLC. Topics include obstacles to the negotiations including obtaining shareholder approval, TMX's plans for global expansion, and investigations by the U.S. Securities and Exchange Commissions regarding ties between Direct Edge and high-frequency traders.

Details

Language :
English
ISSN :
00999660
Volume :
259
Issue :
8
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
77654608