Exchanges lead Canadian delegation as part of international growth strategy
TORONTO and TEL AVIV, Israel, Oct. 23, 2017 /CNW/ - TMX Group's equity exchanges, Toronto Stock Exchange (TSX) and Venture Exchange (Venture), today announced they have returned to Israel as part of a four-day roadshow from October 22-25.
The Exchanges will lead a 12-member Canadian delegation comprised of investment bankers from Beacon Securities Limited, Cormark Securities and Macquarie Capital; lawyers from Goodmans LLP, Miller Thomson LLP, and Osler, Hoskin & Harcourt LLP; and accounting firm EY LLP. The delegation will focus on one-on-one meetings with Israeli market participants to raise awareness of North American capital markets and how Canada's unique two-tiered ecosystem provides a global platform for growth.
"Israel is an important market for our Exchanges and we are pleased to lead this delegation of leading Canadian innovation sector investment bankers and capital market advisors," said Robert Peterman, Vice President, Global Business Development, TMX Group. "Two key benefits we see for listing on either Toronto Stock Exchange or Venture include access to North American investors that are able to support companies at all stages of growth; and a competitive landscape of investment banks to support these growth companies with financing and research coverage."
The Exchanges attended the Israeli-Canada Chamber of Commerce dinner on Oct 22 and is sponsoring EY's Journey 2017 cocktail reception on October 24 at the Hilton Tel-Aviv Hotel.
As at September 30, 2017, there were six Israeli companies listed on TSX and Venture with a total market capitalization of approximately $2.5 billion. There were 87 new corporate listings on TSX and Venture during the first three quarters of 2017 across a broad range of industry sectors, including technology/innovation, life sciences and consumer products.
To learn more about how to list on TSX or Venture, please visit tsx.com/israel.
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, Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear 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 (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing, Singapore and Israel. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
This news release is not, and should not be construed as, an invitation to purchase securities listed on TSX or Venture. TMX Group and its affiliates do not endorse or recommend any of the referenced securities nor should any statement in this news release be construed as advice regarding a broad investment strategy. Neither listing on TSX nor on Venture guarantees the future performance of a security or an issuer. Please seek professional advice to evaluate specific securities.
SOURCE Toronto Stock Exchange
For further information: Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814-8834, firstname.lastname@example.org