TMX Group Limited is a Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges. The company provides services encompassing listings, trading, clearing, settling and depository facilities, information services as well as technology services for the international financial community. TMX Group is best known for its stock exchanges, Toronto Stock Exchange (TSX), which serves the senior equity markets, and TSX Venture Exchange (TSXV), which serves the public venture equity market. For more information, visit the company's website at www.tsx.com.
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2. A unique world-class two tier market
2
TSX
Venture Exchange
Toronto Stock
Exchange
Unique Public Market “Incubator”
• 654 companies
that listed on TSXV
have graduated to TSX
• 20% of S&P/TSX**
Composite Index constituents
are graduates from TSXV
**The S&P/TSX Composite Index is the product of S&P Dow Jones Indices LLC (“SPDJI”) and TSX Inc. (“TSX”). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial
Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and TSX® is a registered trademark of TSX. SPDJI, Dow Jones, S&P and TSX do not
sponsor, endorse, sell or promote any products based on the S&P/TSX Indices and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have
any liability for any errors, omissions or interruptions of the S&P/TSX Indices or any data related thereto.
3. TSXV Ecosystem fosters growth of venture
stage companies
3
24%TSXV share of listed
issuers in global growth
capital marketplace
44%Global growth capital
marketplace Grads
come from TSXV
#3Exchange group by equity
capital raised in global growth
capital marketplace in 2017TSX
Venture
Exchange
Ecosystem
Deal
makers
Retail
investors
and brokers
Independent
investment
dealers
Data
providersCommunities
Regulators Media
Source: S&P Capital IQ, TSX/TSXV Market Intelligence Group and the World Federation of Exchanges.
4. Canopy Growth Corp (TSX – WEED)
4Source: TSX/TSXV Market Intelligence Group and S&P Global Market Intelligence.
As at or YTD September 30, 2018.
5. Successfully incubating Technology leaders
7“UNICORNS”
(CURRENT)
58“CENTAURS”
(CURRENT)
75%RAISED CAPITAL
(2016-17)
TECHNOLOGY
1996 – RTO on TSXV (CPC)
2014 - Acquired by Mitel ($400M)
LIFE SCIENCES
2014 – RTO on TSXV (CPC)
2018 – June 30 Valuation of $7.7B
LIFE SCIENCES
2014 – Spin-Out on TSXV
2018 – June 30 Valuation of $1.2B
TECHNOLOGY
2001 - $2M IPO on TSXV
2018 – June 30 Valuation of $640M
TECHNOLOGY
1999 - $1M IPO on TSXV
2017 – Acquired by PayPal ($300M)
CLEAN TECHNOLOGY
1996 – RTO on TSXV (CPC)
2018 – June 30 Valuation of $435M
50“GRADUATES”
(CURRENT)
TECHNOLOGY
2010 - $5M IPO on TSXV
2018 – June 30 Valuation of $8.1B
CLEAN TECHNOLOGY
1996 – RTO on TSXV (CPC)
2018 – Acquired by Xylem ($510M)
Source: TSX/TSXV Market Intelligence Group and Company Filings; as at June 30, 2018 unless otherwise noted; data includes companies in the technology, clean technology, renewable energy,
and life sciences sectors that initially listed on TSX Venture Exchange or are currently listed on TSX Venture Exchange.
6. 2018 arguably:
year of the ICO
6
Emergence of
Regulation
- SEC settles with Airfox & Paragon
Coin, calling ICOs securities
- Jay Clayton Consensus:Invest
Interview – ICO firms should go see
the SEC ASAP
- Colorado hits 18th Cease & Desist
- Utah accepts Bitcoin for taxes
- Crypto mining permissible for
political campaign fundraising
- CIBC vs. QuadrigaCX highlighting
the challenge of converting between
fiat and crypto