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Concept
We are Seeking Partners![]()
The advantage of establishing a securities marketplace from the ground up is that participants can have the opportunity to acquire an interest in an exchange for a fraction of what it would otherwise cost to buy into one. The cost of acquiring and operating a securities exchange is in hundreds of millions of dollars. Recent consolidations in the securities exchange business have given us a glimpse of the current costs of entering
a marketplace. TSX Group completed a business combination where it paid over CDN$1.1 billion for the Montreal Exchange. In Europe, the London Stock Exchange and the Borsa Italiana completed a merger worth over CDN$2.5 billion. In Asia, the Singapore Exchange acquired a strategic investment in the Bombay Stock Exchange (5%) for US$42.7 million.
By entering into an emerging securities exchange, interested parties will benefit from substantially lower acquisition and operational costs, egX’s regulatory expertise and know-how in establishing securities marketplaces, and our brand recognition in a specialized, untapped industry sector. Countries where there is huge demand for the construction of cities and their necessary infrastructure would be a natural fit for the deployment of an egX Marketplace. *Forward looking information caution |
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