Canada's TMX 'optimistic' over new listings pipeline

Tue Feb 14, 2017 9:02am EST
 
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TORONTO (Reuters) - Toronto Stock Exchange owner TMX Group is optimistic about the pipeline for new listings in 2017, its chief executive told investors in a conference call after the company reported quarterly results.

"On the pipeline, we are optimistic. Obviously, we can't predict exactly who is going to come through," Lou Eccleston said. "We do know there is a robust pipeline and, assuming markets are co-operative with these entrepreneurs, then they'll bring those businesses to market."

(Reporting by Matt Scuffham; Editing by Bill Trott)

 
A TMX Group sign, the company that runs the Toronto Stock Exchange (TSX), is seen in Toronto, June 23, 2014.  REUTERS/Mark Blinch/File Photo