TMX Hunt for CBOE Seen After Maple Approval: Corporate Canada

TMX Group Inc., owner of the Toronto Stock Exchange, should seek takeovers of global competitors such as CBOE Holdings Inc. after its C$3.73 billion ($3.68 billion) sale to a Canadian investor group cleared its biggest regulatory hurdles, investor Thomas Caldwell said.

“You’re effectively the dominant exchange in Canada,” said Caldwell, chairman and chief executive officer of Toronto-based Caldwell Securities Ltd., and who owns shares in TMX and CBOE. “I think you can go hunting, whether it be a CBOE or taking a swing at London.”