TMX Group marks the occasion with a market open ceremony
CALGARY, Feb. 25, 2014 /CNW/ - NGX, a wholly-owned subsidiary of TMX
Group Limited, celebrated its 20th anniversary by opening today's trading session in Toronto.
"This morning we recognize a significant milestone in NGX's history and
a proud day for our employees," said Jim Oosterbaan, President, NGX.
"In a relatively short period of time, beginning with the deregulation
of Canadian natural gas markets and the launch of NGX in 1994, through
the acquisition by TMX Group in 2004 and our alliance with ICE in 2008,
NGX has evolved into the leading physical energy clearinghouse in North
America. Today, NGX's founding principles of providing customers with
liquid, efficient and reliable markets remain as strong as ever."
"TMX Group has proudly supported and shared in NGX's accomplishments
since acquisition ten years ago," added Tom Kloet, CEO, TMX Group. "The
NGX team has added great value to our organization and we are excited
about their future prospects."
NGX Charity Day March 14, 2014
NGX is proud to also announce the first NGX Charity Trading Day on March
14th, 2014. NGX will donate a portion of its revenue to the Tom Baker
Cancer Centre in memory of Gary Gault. Gary worked for NGX since its
inception. He was a valued team member and a key contributor to the
For Market Openings: Media may pick up a feed from the TOC (television operations centre)
for all market open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at TMX and sent live to the Toronto TOC. The client
moves into position for the market open ceremony at approximately 9:27
a.m. and the markets will open with the sound of a SIREN (the
traditional market open on Toronto Stock Exchange).
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and
clearinghouses for multiple asset classes including equities, fixed
income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX
Select, Alpha Group, The Canadian Depository for Securities, Montreal
Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options
Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group
companies provide listing markets, trading markets, clearing
facilities, depository services, data products and other services to
the global financial community. TMX Group is headquartered in Toronto
and operates offices across Canada (Montreal, Calgary and Vancouver),
in key U.S. markets (New York, Houston, Boston and Chicago) as well as
in London, Beijing and Sydney. For more information about TMX Group,
visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
SOURCE: TMX Group Inc.
For further information:
Senior Manager, Communications and Public Affairs