[img_inline align=”right” src=”http://padnws01.mcmaster.ca/images/TSX_sm.jpg” caption=”Pictured at the opening of the Toronto Stock Exchange this morning are, from left: Gord Arbeau, director of marketing and communications for the business school; Richard Nesbitt, CEO, TSX Group, Peter George, McMaster President; Paul Bates, dean of the business school; John Cieslak, executive vice-president, chief information and administration officer, TSX Group; and Michael Ptasznik, chief financial officer, TSX Group. Click here for FULL Size“]

The DeGroote School of Business at McMaster University and TSX Group Inc. today announced the establishment of the DeGroote-TSX Research Centre in Capital Markets Studies. The centre, to be based at DeGroote in Hamilton, will focus on identifying and researching important emerging issues in the capital markets industry.

TSX Group contributed $500,000 to establish the centre. The gift is being matched by the DeGroote School of Business to create a permanent $1 million endowment to fund research activities.

“TSX Group is a cornerstone of Canadian capital markets. Through its exchanges, it has a pre-eminent role in listing, trading and market data for companies operating across Canada and around the world,” said McMaster president Peter George, who was joined by TSX Group CEO Richard Nesbitt to formally launch the Centre. “By endowing this research centre at McMaster University, TSX Group is ensuring that there is ongoing development of research and knowledge for practitioners active in those markets.”

The DeGroote-TSX Research Centre in Capital Markets Studies will focus on research, education and outreach. An innovative stream of courses in such areas as surveillance, risk management and compliance will enhance knowledge transfer for undergraduates, graduate students and executives. The Centre will also facilitate dialogue between researchers and practitioners as DeGroote researchers partner with TSX Group participating organizations to help those actively trading in the market.

Richard Nesbitt, CEO, TSX Group, said, “The Centre will help us to develop new products and services that will enhance the reputation of TSX Group as an industry leader and allow us to increase our value proposition to clients.”

“The DeGroote-TSX Research Centre in Capital Markets Studies builds upon DeGroote's established research strengths,” added Paul Bates, dean, DeGroote School of Business. “The centre will provide leadership and infrastructure support for innovative research in capital markets that will help industry practitioners.”

TSX Group operates Canada's two national stock exchanges, Toronto Stock Exchange serving the senior equity market and TSX Venture Exchange serving the public venture equity market as well as Natural Gas Exchange (NGX), a leading North American exchange for the trading and clearing of natural gas and electricity contracts. TSX are the initials attached to the core equity operations of TSX Group Inc. (www.tsx.com): Toronto Stock Exchange, TSX Venture Exchange, TSX Markets, TSX Datalinx, TSX Technologies. TSX Group is headquartered in Toronto and maintains offices in Montreal, Winnipeg, Calgary and Vancouver.