TMX Completes Acquisition of RAFI Indices
TMX Group, the Canadian financial-markets infrastructure and data-services operator, is expanding its global index and investment-advisory footprint through the acquisition of RAFI Indices. Buying the index provider from Research Affiliates broadens TMX’s ability to serve asset managers and investment-product issuers, while adding established index capabilities to a business spanning exchanges, clearing, market data and analytics.
TMX Group said it has completed the acquisition of RAFI Indices from Research Affiliates, closing a transaction first announced in June 2026. The completion brings the global index provider into TMX’s financial index operations and advances the group’s international expansion strategy. The information provided did not disclose the purchase price or other financial terms of the transaction.
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