TMX Group has completed the acquisition of Cboe Australia, three months after the deal was initially announced in April 2026.
The move will see the exchange rebranding as TMX Australia Exchange, serving as a securities exchange and trading venue for brokers and investors.
Specifically, the transaction will support TMX Group’s aim to build out its global footprint and boost the firm’s growth strategy.
“Over the past year, Cboe has taken decisive steps to refocus our business, concentrate resources on our core strengths and invest in our most compelling growth opportunities,” said Prashant Bhatia, head of enterprise strategy and corporate development at Cboe.
“The sale of Cboe Australia is a part of that strategy, allowing us to further align our organisation and capital with our long-term priorities.”
“Looking ahead, Cboe remains committed to maintaining a strong presence in Asia Pacific – a strategically important region where demand for Cboe’s US equities, derivatives, market data and educational offerings continues to accelerate.”
Read more – TMX Group to acquire Cboe exchanges in Australia and Canada in $300m deal
The acquisition also aligns with TMX Group’s ongoing transaction of Cboe Canada, announced at the same time as the Cboe Australia deal.
Cboe has confirmed that the sale of Cboe Canada is expected to close at a later date, subject to customary conditions and regulatory approvals.
The landmark transactions are together valued at $300 million, and brings together equities trading venues, listings platforms and market data businesses across Canada and Australia and is intended to strengthen TMX’s ability to serve clients across the capital markets ecosystem.
Speaking when the acquisition was initially announced, John McKenzie, chief executive of TMX Group, said: “[…] deal represents a unique opportunity to strengthen our domestic marketplace for clients and the entire stakeholder ecosystem, while expanding the reach and impact of our presence in a region of the world we know well.”