TORONTO, Jan. 2, 2024
/PRNewswire/ - TMX Group Limited (TMX Group) today announced it has
completed the acquisition of the remaining approximately 78% of the
common units of VettaFi Holdings LLC (VettaFi), a leading US-based,
indexing, digital distribution, analytics and thought leadership
company. TMX Group made strategic investments in VettaFi in the
first half of 2023 for approximately 22% of the common units. The
transaction was announced in December
2023.
This acquisition is expected to accelerate TMX Group's
long-term global expansion, and increase the proportion of
revenue derived from the Global Solutions, Insights and Analytics
segment and from recurring sources. The addition of VettaFi
increases the depth and value of data-driven insights TMX Group
provides to clients, expands the company's digital capabilities and
expertise, and enriches TMX Group's industry-leading support for
ETF issuers.
About TMX Group (TSX:
X)
TMX Group operates global markets, and builds digital
communities and analytic solutions that facilitate the funding,
growth and success of businesses, traders and investors. TMX
Group's key operations include Toronto Stock Exchange, TSX Venture
Exchange, TSX Alpha Exchange, The Canadian Depository for
Securities, Montréal Exchange, Canadian Derivatives Clearing
Corporation, and Trayport which provide listing markets,
trading markets, clearing facilities, depository services,
technology solutions, data products and other services to the
global financial community. TMX Group is headquartered in
Toronto and operates offices
across North America (Montréal,
Calgary, Vancouver and New
York), as well as in key international markets including
London, Singapore and Vienna. For more information about TMX Group,
visit our website at www.tmx.com. Follow TMX Group on Twitter:
@TMXGroup.
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SOURCE TMX Group Limited
