SHENZHEN, Oct. 17 (Xinhua) -- The Shenzhen Stock Exchange and Canada's TMX Group signed a Memorandum of Understanding (MoU) Monday to partner on capital market cooperation to better serve companies in the technology and innovation sectors in both countries.
Under the scope of the MoU, the two will strengthen personnel exchanges, improve sharing of information and services, and conduct research on cross-border financial innovation.
They will connect investors and companies in the technology and innovation sectors in both countries through an expanded capital formation platform, which include a combination of existing services, facilities and networks. The two will also explore the possibility of creating trading, clearing and settlement connections between China and Canada.
The Toronto-based TMX Group is Canada's biggest exchange group. Its businesses operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. It owns multiple major exchange platforms in Canada, including the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange as well as TMX Private Markets.
