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TSX CEO Focuses On Growth Strategy - Richard Nesbitt Points Out The Many Growth Opportunities In Canada's Capital Markets

Date 31/03/2005

In his first speech since becoming CEO of TSX Group, Richard Nesbitt today reflected on the health of the Canadian economy, the current state of the capital markets in Canada and then outlined his growth strategies for the company.

Speaking at The Economic Club of Toronto, Mr. Nesbitt re-confirmed the TSX Group's commitment to its growth strategies including enhancing the core business by continuing to proactively attract listings, provide a world class market to trade these listings and then expand the sale of data products. He also expressed his desire to see TSX extend its strong position in Canada by looking at new asset classes to trade. TSX entered the derivatives space in 2004 with the acquisition of NGX, a North American exchange for the trading and clearing of natural gas and electricity contracts. Finally he explained how TSX would continue to expand geographically by attracting foreign listings and targeting executable order flow from the United States.

Copies of Mr. Nesbitt's remarks are available on clicking here.