A post relating to this item from Finextra:
09 February, 2011
LSE and TMX agree merger; highlight technology potential
The London Stock Exchange (LSE) has agreed an all share "merger of equals" with Canada's TMX Group, creating a global superpower that will have a strong technology emphasis.
The news that the LSE has agreed a merger with Canada's TMX Group which operates the Toronto and Montreal Stock Exchanges is a great move for both.
It is a very imaginative deal that offers both a strong footing in Europe and the North American continent, enabling potential business growth and an exciting new opportunity for investors.
With the largest mining exchange in the world now opened to European investors the opportunity is open for new portfolios to be created and generate a fresh impetus to a securities market becoming stale with interest.
The LSE has been making good noises lately with some very interesting developments in technology and a resolve to create a post trade service which exactly meets the demands of its users. Now the LSE is moving forward with corporate developments that are
setting it apart from other Stock Exchanges.
Expect more corporate moves as finally the LSE has found its teeth!