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.
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.