05 Mar 2007, Mark Pengelly, Risk magazine
David Krell, chief executive of ISE, said that the alliance was the first step towards ISE’s goal of international expansion.
The new bourse is scheduled to commence trading in March 2009, the year when TSX Group’s current non-competition agreement with the Montreal Exchange expires. TSX had previously expressed a desire to move into derivatives through a merger with its Montreal counterpart, although this ultimately failed (See also: TSX will trade derivatives with or without Montreal Exchange).
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