September 19, 2016 / 1:12 AM / in a year

UPDATE 1-Canada's TMX to stay in S&P index after misstatement

(Adds statement from S&P spokesman)

By Dan Freed

Sept 18 (Reuters) - TMX Group Ltd, the owner of Canada’s dominant stock exchange, said on Sunday it had not been removed from a major Canadian index run by S&P Global Inc despite what a spokesman said was an erroneous press release issued by S&P unit Capital IQ Inc that it had been removed.

S&P spokesman Soogyung Jordan confirmed TMX will remain in the S&P/TSX Composite Index.

“Earlier today, we were notified of an erroneous alert posted to the S&P Capital IQ platform regarding the continued inclusion of the TMX stock in the S&P/TSX composite. We have researched the issue, removed the alert from the platform and are in the process of notifying all clients who received the alert. TMX continues to be a constituent of the Composite,” he wrote via email.

Jordan declined to comment further. (Reporting by Dan Freed in New York; Editing by Sandra Maler)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below