No the merger of equals for the Toronto Stock Exchange

Many things on the way. My vacations had been approved, which mean I will be going home for the last 2 weeks of July. This also means I won’t be job searching for a day time job! Yeah! I really didn’t want to begin a job search for various reasons. I am currently busy at monitoring the stock market.

I just received TMX Group Inc. (X) voting package for the merger of equals with the London Stock Exchange Group... I received the big document in French. I will do my best to go through the reading of the documentation. I still have time ahead. But even following the reading of the heavy document, I know I will vote against the merger of equals. I don’t want the Toronto Exchange to be control by foreign authorities. Think about it for a second: Xavier Rolet, a poor French man, will be in control of MY exchange? No way!

TD big boss is against the merger of equals too, by the way. If the merger of equals project succeed, on the first run, Xavier Rolet will be in control of the Toronto exchange, but what about after? What if someone as diabolic as Dominique Strauss-Kahn became the next CEO of the merger of equals? Those are things that Canadians need to have in mind while voting and for those reasons, I will vote against the merger of equals project. Because once the project will be on, Canadians won’t have any power on their exchange. Is it what we want? By their poor leadership, French already ruined the International Monetary Fund (IMF). Is it what we want for our exchange? To become as f up as France is? NO WAY.

NO TO THE MERGER OF EQUALS, NO TO XAVIER ROLET, NO TO FRANCE, NO TO THE LONDON STOCK EXCHANGE GROUP.

I am a shareholder of the TMX Group Inc. (X) and I will be voting NO to absolutely everything proposed in the convocation.