TMX Group Discloses Mixed Metrics for February 2018‎

TMX and all of its marketplaces reported an average daily volume (ADV) ‎of ‎‎663.0 million contracts in February.

TMX Group Limited, operator of the Toronto Stock Exchange and another four marketplaces – TSX Venture Exchange, Alpha, Montreal Exchange (MX) and NGX – has released its monthly activity report for February 2018. The latest metrics were largely mixed, namely in terms of aggregated trading volumes.

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According to the latest monthly report, TMX and all of its marketplaces reported an average daily volume (ADV) ‎of 663.0 million contracts in February 2018, which represents a decrease over a monthly timeframe, as volumes fell 19 percent month-on-month from 821.8 million back in January 2018. Additionally, the latest figures constitute a loss of 6.4 percent year-on-year in terms of volumes from 709.0 million in February 2017.

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In money terms, the total trading value of contracts for February averaged $8.3 billion per day, up 7.2 percent month-over-month from $7.7 billion for January 2018. Compared to last year’s figures, the ADV cash value in February 2018 reflected a 9.3 percent advance compared to the same month of 2017.

Across the year-to-date (YTD) interval, the total turnover through February 2018 came in at $328 billion, a gain of 19 percent from $273 billion in the same two-month period a year ago.

TMX Group and its subsidiaries operate both cash and derivative markets and clearinghouses across multiple asset classes, including equities, fixed income and energy, among others.

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