Mexican stock exchange officials consulted with TSX Datalinx and Standard & Poor’s and obtained a license for the S&P/TSX 60 Index in order to create this ETF.
According to Mexican Exchange officials, pension funds in the country were interested in Canadian market exposure and have diversified their portfolios in foreign equity and other international securities.
TSX Group and Mexican Exchange officials meet and speak frequently about exchange-related initiatives that are beneficial to both markets.
About TSX Group Inc. (TSX-X)
TSX Group operates Canada's two national stock exchanges, Toronto Stock
Exchange serving the senior equity market and TSX Venture Exchange serving
the public venture equity market as well as Natural Gas Exchange (NGX), a
leading North American exchange for the trading and clearing of natural gas and
electricity contracts. TSX are the initials attached to the core equity operations of
TSX Group (www.tsx.com): Toronto Stock Exchange, TSX Venture
Exchange, TSX Markets, TSX Datalinx, TSX Technologies. TSX Group is
headquartered in Toronto and maintains offices in Montreal, Winnipeg, Calgary
and Vancouver.