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  • TMX Group CEO Plans To Exercise Options And Sell Common Shares

    Date 23/05/2014

    TMX Group Limited (TSX-X) announced today that Tom Kloet, Chief Executive Officer, intends to exercise stock options and sell the underlying common shares subject to market conditions. As reported in TMX Group's management information circular dated April 11, 2014, Mr. Kloet has a share ownership requirement of three times his base salary, which he will continue to exceed following any sales. Under the terms of his employment agreement, Mr. Kloet must disclose his intention to purchase or sell TMX Group common shares, including exercising of options, at least two business days prior to a transaction.

  • BATS 1000 Index Sets New Record

    Date 23/05/2014

    BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) closed at a record high of 21,406.70 today, rising 222.16 points, or 1.0%, on the week.

  • Canadian Securities Regulators Propose Changes To Streamline Venture Issuer Disclosure

    Date 23/05/2014

    The Canadian Securities Administrators (CSA) yesterday published for comment proposed amendments that would streamline disclosure by venture issuers.

  • TMX Group Announces Election Of Directors

    Date 23/05/2014

    TMX Group today announced that the nominees listed in the management proxy circular for the 2014 Annual and Special Meeting of Shareholders were elected as directors of TMX Group Limited. 

  • Mergers: European Commission Approves Acquisition Of Armajaro Trading By Ecom

    Date 23/05/2014

    The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the commodity trading and processing company Armajaro Trading Limited of the United Kingdom by rival Ecom Agroindustrial Corporation Limited of Switzerland. The Commission concluded that the transaction would not raise any competition concerns, in particular because the merged entity will continue to face sufficiently strong competition after the merger and customers will still have sufficient alternative suppliers in all markets concerned.