NEO Exchange, MATCHNow, and other related Canadian regulated entities to be formally integrated into one corporate entity Effective January 1, 2024, the amalgamation is expected to bring greater efficiencies and enhanced quality of service to customers Cboe Canada plans to migrate the existing NEO trading platform to Cboe technology in the first quarter of 2025 Cboe Canada today announced receipt of all necessary approvals to formally unify its Canadian operations by bringing together the NEO Exchange and the MATCHNow alternative trading system (ATS), along with other related Canadian regulated entities, into one corporate entity under the umbrella of Cboe Canada, effective January 1, 2024. This unification aims to further strengthen Cboe Canada’s market position – where it currently accounts for approximately 15 percent[1] of total Canadian equities trading market share – and is a part of its broader strategy to build a…
CBOE CANADA ANNOUNCES PLANNED UNIFICATION OF ITS CANADIAN OPERATIONS
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