TSX Group Inc. and Thomson Financial have entered into a strategic alliance to deliver market data, analytics and competitive information to investor relations professionals in Canada through the launch of TSXconnect.
As part of this alliance, Thomson Financial becomes a content provider and sponsor of market data to the TSX Broadcast Centre, which is also a satellite location to Canada’s leading financial news outlets.
“We are thrilled to be expanding our relationship with the TSX. Our alliance brings together two of Canada’s leading financial brands who will provide world-class content and analytics to TSX and TSX Venture Exchange listed companies,” says Sharon Rowlands, CEO of Thomson Financial. “This alliance further positions the TSX as a leader in the global equities market and strengthens Thomson Financial’s reputation as one of the leading providers of comprehensive market data and analytics to the global financial markets.”
TSXconnect is a customized version of Thomson ONE, which is Web-based and provides a single, integrated platform for financial data. TSX becomes the exclusive provider of this product in Canada and will be provided to TSX issuers at no additional charge. Issuers can also purchase additional products and services from Thomson.
TSXconnect will offer investor relations professionals in Canada access to market-moving information critical to their workflow. The platform enables IROs to monitor the performance and trading activity of their stock and that of their peers and identify current shareholders. In addition, they can monitor earnings and research domestic and international trading instruments. TSXconnect has been launched and will continue to be rolled out over the course of the next several months, and is available to all TSX listed companies. TSX Venture Exchange issuers can subscribe to the service.
“As the national market for Canadian securities, TSX is well positioned to strengthen and compete on a more global scale. This alliance with Thomson Financial will help Canadian market professionals continue to succeed in the ever-changing financial marketplace,” said Richard Nesbitt, CEO of the TSX Group. “The TSXconnect product is an example of bringing together two leading forces in the Canadian financial services industry to provide content and competitive information to financial professionals in Canada.”
TSX Group and Thomson Financial announce data-delivery alliance
New venture will deliver customized market intelligence and analysis to financial professionals in Canada
- By: IE Staff
- June 6, 2006 June 6, 2006
- 11:05