WatersTechnology: TMX embarks on data diversification and expansion play with WSH buy

Read the full article on WatersTechnology.


Exchanges have been snapping up data providers in a bid to expand their businesses beyond traditional transactional and market data-based revenues. There’s the Intercontinental Exchange’s purchase of Interactive Data; Nasdaq buying Quandl; the London Stock Exchange Group acquiring Refinitiv; and Cboe assembling a cadre of analytics by piecing together the likes of Livevol, Trade Alert, Hanweck and FT Options.

Now, it’s TMX’s turn.