News Release
Toronto Stock Exchange Achieves New Record for Total Financings
2009 U.S. Campaign wraps up today in Minneapolis
November 19, 2009 (TORONTO) - Toronto Stock Exchange has achieved record levels of yearly total financings with $49.7 billion raised as of October 31, 2009. The previous record of $47.6 billion was set in 2007.
"Achieving record yearly financing, with two months yet to go in 2009, demonstrates both positive investor sentiment as well as issuer optimism that global economic indicators are improving," said Tom Kloet, TMX Group CEO. "I think this dramatic surge in financing activity underscores the fact that TSX offers a very robust marketplace that helps our listed companies fuel their growth."
TMX Group continued to invest in international listings business development activities throughout the past year. Recent marketing efforts include sending delegations to China, Israel and Australia. Today, Toronto Stock Exchange and TSX Venture Exchange officials are in Minneapolis, Minnesota, the final city in its 2009 U.S. listings campaign. The campaign, which was the company's third in as many years, included four other U.S. cities - New York, Los Angeles, Miami and Phoenix. As of October 31, 2009, U.S. based issuers raised $1.6 billion on Toronto Stock Exchange and TSX Venture Exchange, representing a 68% increase over the same period in 2008.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies provide trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto with offices in Montreal, Calgary and Vancouver. For more information about TMX Group, visit our website at www.tmx.com.
For more information please contact:
Carolyn Quick
Director, Corporate Communications
TMX Group
416-947-4597
carolyn.quick@tsx.com
