TMX Datalinx extends global reach with listed
company corporate action and event data offering
TORONTO, Nov. 7, 2022
/PRNewswire/ - TMX Group Limited announced today it has agreed to
acquire Boston-based Wall Street
Horizon, Inc. (WSH), a leading provider of global market-moving
action and corporate event data.
"TMX Group is committed to serving the evolving needs of our
clients across the marketplace and connecting investors to the
information they need to gain a competitive investment edge and
manage market risk," said Jay
Rajarathinam, Chief Operating Officer, TMX Group. "The
acquisition of Wall Street Horizon, an established provider of
high-quality and unique market-leading solutions, is another
important step forward for TMX Datalinx as we work to expand and
enhance the content we provide to clients around the world."
WSH provides traders, portfolio managers, academics and others
an ever-expanding set of forward-looking and historical corporate
event datasets, including earnings dates, dividend dates, options
expiration dates, splits, spinoffs and a wide variety of
investor-related conferences. Covering 9,000 publicly traded
companies worldwide, the company offers more than 40 event
types.
"The Wall Street Horizon team is thrilled to join TMX Datalinx,"
said Wall Street Horizon, Inc. CEO Barry L.
Star. "WSH has been the gold standard in delivering
corporate events data to the institutional community and we look
forward to combining our expertise with TMX Group's global reach to
scale our data services to market participants worldwide."
Completion of this transaction is expected to close in Q4 and is
subject to customary closing conditions. D.A. Davidson acted as exclusive financial and
strategic advisor to WSH.
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