Exchanges Eye Yearend Integration Payoffs
Most of the synergies derived from the merger will be realized at the end of the year, when the exchange operator combines more back-office operations as well as combines the datacenters, say the TMX officials.
TMX Gorup, the largest Canadian exchange operator, will work throughout the second half of this year to reach its goals of C$25 million ($21 million) in cost synergies on a run-rate basis by the fourth quarter, say TMX Group officials.
TMX officials plan to focus on the bigger picture for
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