Over the last 13 years, Canadian markets have evolved greatly, allowing them to emerge in the global sphere. Kevin Sampson, President of Equity Trading for TMX Group and 13 year veteran of Toronto Stock Exchange (TSX), points out that he has begun to see more diversity of companies on TSX and TSX Venture. “There has been a broadening of sectors and stages of maturity which, in turn, allow Canada's capital markets to become more relevant on the global stage.”
He explains that within the past five years he has witnessed increased growth of a client-centric approach. This approach focuses on understanding both the client's needs and needs of the market to fuel innovation, which has enabled TMX Group to successfully meet client goals and objectives.
With the perception of Canadian global markets changing and successfully expanding globally, TMX Group is not only being recognized as the world-leading resource market economy, but also becoming known as an emerging global leader in innovation, cleantech, biotech and more recently, cannabis.
“As a result of diversity and the adaptive nature to our ecosystem, we are now able to attract a global and diverse base of companies, issuers, traders and investors from all around the world. They are attracted to emerging expertise that Canada is receiving on the world stage in terms of diversity of stock list, innovation and new emerging sectors.”
Sampson further addresses that this will increase trading activity, liquidity, participation and investment in our markets.
He concludes by emphasizing that it is important to TMX Group to offer clients and traders optionality to become more sophisticated. “As clients evolve in their business models, the way they invest and the technological tools they use to interact with the market, means that we need to keep pace as well.”