TMX Opts for Blockchain Technology, Powering its Subsidiary NGX

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TMX Opts for Blockchain Technology, Powering its Subsidiary NGX

Postby kreslik.news » Tue May 23, 2017 2:06 pm


TMX Group Limited, operator of the Toronto Stock Exchange and the four marketplaces TSX Venture Exchange, Alpha, Montreal Exchange (MX), and Natural Gas Exchange (NGX), has developed a blockchain-based prototype that will be utilized by its energy exchange subsidiary NGX.

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The new prototype service was made in tandem with digital infrastructure provider Nuco Inc., and is being constructed using Distributed Ledger Technology (DLT). The decision to rely on blockchain represents a growing trend at several global exchanges, many of which are relying on new technology to both power and improve the functionality ... (read more)

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