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Tom Kloet, C.E.O of the TMX.
Tom Kloet, C.E.O of the TMX.
(Chris Young/THE CANADIAN PRESS)

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Bond index deal a legacy of failed TMX-LSE merger

Back when TMX Group Inc. was looking at merging with LSE Group, TMX chief executive officer Tom Kloet would get pretty excited any time the opportunity to combine his business with the index business of LSE would come up.

The LSE’s well-known FTSE indexes would provide entrée into many other markets.