Toronto Stock Exchange and TSX Venture Exchange Launch 2013 U.S. Finance Series
Series shares benefits of going public in Canada for U.S. SMEs
TORONTO and LOS ANGELES, May 8, 2013 /CNW/ - Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) today launched their 2013 U.S. Finance Series with their first event in Orange County, California. The Finance Series events will outline the prominence of the Exchanges as international equity markets and their expertise in financing, mentoring and supporting small to medium enterprises (SMEs).
In 2012, TSX and TSXV were first in the world for new listings and third in the world for equity financings with $56 billion raised. TSX and TSXV are also home to over 175 U.S. companies, which is more than any other exchange group outside of the U.S. Last year, over $4.4 billion was raised by U.S. companies on the Exchanges. The international reach of TSX and TSXV, as well as the unique dynamics of the Canadian market, make them effective sources of capital for U.S.-based SMEs seeking growth financing.
"The U.S. is a very important market for our Exchanges," said Kevan Cowan, President, TSX Markets and Group Head of Equities, TMX Group. "They provide an excellent financing alternative for U.S. companies. We have a large concentration of capital markets experts focused on TSX and TSX Venture Exchange, which creates a unique two-tier exchange ecosystem for raising capital quickly and efficiently."
The Finance Series events include an overview of TMX Group and Canadian and global market conditions, and will cover topics on how to prepare a company to go-public, how to access capital and future financing options. The Exchanges are also collaborating with leading investment banks, accounting firms and legal advisors to provide an understanding of how these equity markets can be a growth platform for U.S. businesses. Two expert panels will discuss legal and accounting advice, as well as investment banking advice. The events will also include one-on-one discussions with campaign partners on cross-border legal, accounting and banking considerations.
TSX and TSXV will visit four additional cities as part of their 2013 U.S. Finance Series, including:
September 24, 2013 | Denver | ||||||
October 1, 2013 | Chicago | ||||||
November 5, 2013 | Dallas | ||||||
November 6, 2013 | Houston |
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
SOURCE: TSX Group Inc.
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