Industry Reaction Mixed Following Aequitas' Call for Investigation into 'Anti-Competitive' TMX Data Practices
Aequitas alleges that TMX basically operates a monopoly and charges prohibitive fees for consolidated Canadian data.

While most agree that access to a consolidated view of the Canadian market is "broken," market participants disagree over whether Aequitas' proposed solution─CMV Connect, which Aequitas says will provide consolidated market data at a reasonable price to the Canadian market─will solve the problem.
In its filing last month, Aequitas states that TMX is using its dominant market position to maintain control over the pricing of market data in the Canadian capital markets. "TMX has remained, in effect
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