MONTREAL, Feb. 1 /CNW Telbec/ - Montreal Exchange Inc. (MX) (TSX: MXX) announced today that it has filed an application to the Autorite des marches financiers (the "Autorite") for an amendment of its recognition as a self-regulatory organization and its authorization to carry on business as an exchange. The amendment to MX's recognition order is required in the context of its proposed combination with TSX Group Inc.
The Autorite issued a press release informing the public of the consultation process that will be followed in regards to the MX application. The press release and related documents published by the Autorite are available on its website at www.lautorite.qc.ca.
The MX has given its rationale for supporting the combination with TSX Group Inc. in a Management Proxy Circular issued on January 14, 2008. MX shareholders will vote on the proposal in a special general meeting to be held on February 13. The MX welcomes the consultation process of the Autorite, which will provide all interested stakeholders with an opportunity to express their opinions about the proposed business combination.
About Montreal Exchange Inc.
The Montreal Exchange (MX) is the Canadian derivatives exchange. The MX offers trading in Canadian interest rate, index and equity derivatives. Clearing, settlement and risk management services are provided by an AA rated clearing house, the Canadian Derivatives Clearing Corporation, fully owned by the MX. Our integrated trading and clearing services are supported by a proprietary suite of exchange technologies, known as SOLA(R). The MX also has interests in: the Boston Options Exchange (BOX), a U.S. automated equity options market, for which MX is the technical operator; the Canadian Resources Exchange (CAREX), a new corporation created with NYMEX that is dedicated to developing the Canadian energy market; and the Montreal Climate Exchange (MCeX), a joint venture with the Chicago Climate Exchange(R), aiming to establish the leading market for publicly traded environmental products in Canada. For more information about the Montreal Exchange, please visit www.m-x.ca.