Canadian Competition Bureau Drops TMX Probe

The Bureau claims Aequitas would have been unlikely to be able to create a competing product, despite TMX's restrictions.

canadian-flag-1

In 2015, Aequitas contacted the Competition Bureau, accusing TMX of impeding its attempts to create and launch a lower-cost consolidated feed, dubbed CMV Connect, which would collect "private" market data that is provided by dealers and investment firms to marketplaces, aggregate this data with public data from Aequitas' NEO Exchange, and distribute it back to market participants at a lower price than existing alternatives. Specifically, Aequitas alleged that TMX's market data agreements with de

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: