Canadian exchange consortium TMX Group has announced plans to expand to the Asia-Pacific region by opening a new office in Singapore.
The Toronto Stock Exchange, TSX Venture Exchange and Montreal Exchange officials say the move will allow them to create new business relationships and capture the growth happening in the region.
"Our mandate in this unique and robust market is to build new relationships and strengthen our existing relationships with various stakeholders," says Tom Kloet, CEO of TMX Group. "With an office in Singapore, TMX Group will be able to enhance our product and services offering to our rapidly growing roster of Asia-Pacific clients."
With offices in London, Beijing and Sydney, TMX is looking to further increase its footprint outside of North America.
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