Sep 12, 2022 / 03:15PM GMT
John D. McKenzie - TMX Group Limited - CEO & Director
(technical difficulty)
even valuations around the energy sector. So despite those headwinds, actually, we're continuing to hold our own. The business is very resilient. And to your point around the energy market, for those who know, we operate Trayport, very large energy market aggregator. It's actually continued to be even more important to the industry with the volatility particularly in Europe, it's the one place you can see all markets in the same place. So been even more important with the dislocation in the European energy market.
Questions and Answers:
Unidentified Analyst -Great. So maybe on the topic of the financings, as you were mentioning. Can you maybe talk a little bit about the current IPO pipeline? What do you think is required to start seeing listings kind of come back in a more robust way? Do we need valuations to kind of settle out? Do we see valuations come up a little bit? Along the same lines, can you maybe just remind us, your current split of your Canadian versus