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Montréal Exchange Inc. (MX) (TSX: MXX) announced today that it has filed an application to the Autorité des marchés financiers (the "Autorité") for an amendment of its recognition as a self-regulatory organization and its authorization to carry on business as an exchange. The amendment to MX's recognition order is required in the context of its proposed combination with TSX Group Inc.
The Autorité issued a press release informing the public of the consultation process that will be followed in regards to the MX application. The press release and related documents published by the Autorité are available on its website at www.lautorite.qc.ca
The MX has given its rationale for supporting the combination with TSX Group Inc. in a Management Proxy Circular issued on January 14, 2008. MX shareholders will vote on the proposal in a special general meeting to be held on February 13. The MX welcomes the consultation process of the Autorité, which will provide all interested stakeholders with an opportunity to express their opinions about the proposed business combination.
