For Cboe, the sale is part of a strategic refocus of its business to concentrate resources on its core strengths and invest in its most compelling growth opportunities.<\/p>\n
\u201cThe sale of\u00a0Cboe\u00a0Australia is a part of that strategy, allowing us to further align our organization and capital with our long-term priorities,” said\u00a0Prashant\u00a0Bhatia,\u00a0EVP, Head of Enterprise Strategy & Corporate Development at\u00a0Cboe. “Looking ahead,\u00a0Cboe\u00a0remains committed to maintaining a strong presence in Asia Pacific \u2013 a strategically important region where demand for\u00a0Cboe’s\u00a0US equities, derivatives<\/a>, market data and educational offerings continues to accelerate.”<\/p>\n What the deal means for Canadian advisors<\/p>\n For most Canadian financial advisors and wealth managers, the Australia component of this transaction has limited direct implications.<\/p>\n Canadian investors already have access to Asia-Pacific equities and Australian-listed securities through international brokerage platforms, global custodians, and diversified ETFs and TMX’s ownership of the exchange venue in Sydney does not change that.<\/p>\n However, the element of the broader deal that carries greater relevance for the Canadian advice community is the still-pending acquisition of Cboe Canada.<\/p>\n","protected":false},"excerpt":{"rendered":"For Cboe, the sale is part of a strategic refocus of its business to concentrate resources on its…\n","protected":false},"author":2,"featured_media":155049,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,7748,7751,818],"class_list":["post-155048","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada","tag-cboe","tag-tmx","tag-tsx"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/155048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=155048"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/155048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/155049"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=155048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=155048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=155048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}