TMX Group Offloads TMX Atrium to Intercontinental Exchange

[kreslik.news]

Canadian exchange operator TMX Group has sold off its wireless and extranet infrastructure services business, TMX Atrium to Intercontinental Exchange (ICE) (NYSE: ICE), part of the group’s ongoing strategy to help retain profitability, according to a group statement.

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The sale will also see TMX Atrium become integrated with ICE Data Services, the group’s global provider of market data solutions. ICE is also one of the largest operators of global exchanges and clearing houses – its acquisition of TMX Atrium will help ICE Data Services assimilate its ... (read more)