What Is the Montreal Exchange?

The Montreal Exchange (MX) is a financial derivatives exchange in Canada. Founded in 1874, it is one of the oldest North American exchanges. In 1975, the Montreal Stock Exchange first introduced stock derivative trading in Canada, and then began futures trading in the early 1980s. In 2001, it became the first fully electronically traded financial derivative options and futures exchange in North America.

Montreal Stock Exchange

The Montreal Stock Exchange is the oldest exchange in Canada and has a strong advantage in derivatives. The exchanges are all electronic, and the services they can provide include trading, training, market information, market operations and rules, and information technology solutions.

Finance Minister of Canada welcomes merger of Toronto Stock Exchange and Montreal Stock Exchange

December 11, 2007

Canadian Finance Minister Feherty said on the 10th that he welcomes the merger of the Toronto Stock Exchange Group and the Montreal Stock Exchange, as this will help consolidate the Canadian capital market.

According to a report on December 10, Canadian Finance Minister Jim Flaherty said on the 10th that he told TSX Group Inc. and Bourse de Montreal The merger is imminent, as the transaction will help strengthen the capital market.

Fehetti told the media after the inquiry time in the House of Commons that at any time he welcomed this progress in consolidating Canadian capital markets.

It is reported that the Toronto Stock Exchange Group is about to acquire the Montreal Stock Exchange for C $ 428 million in cash plus 15.3 million shares. The combined entity, TMX Group Inc., will become a comprehensive exchange of stocks, bonds, options and derivatives, with headquarters in Toronto.

Fehetti also stated that he hopes to make "substantial progress" in the next few months towards the establishment of a common securities regulator, but he also acknowledges that the implementation of the plan will take time. ^[1]