TMX Group Releases May 2015 Trading Statistics, Volumes Lag MoM

TMX Group Limited has released its trading statistics for the month ending May 2015, encompassing each of its marketplaces, i.e. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha, Montreal Exchange (MX) and NGX, according to a TMX statement.

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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Last month, TMX Group reported its financial results for Q1 2015, which were characterized by lagging earnings, coupled with industry tailwinds. In terms of the Q1 2015 earnings, TMX Group Ltd reported a revenue of $185.3 million, up 2% YoY from Q1 2014. This was tempered by lagging diluted earnings per share, which were reported at $0.78 in Q1 2015, down -9.3% YoY from $0.86 in Q1 2014.

During May 2015, TMX and all of its marketplaces saw equities volume of 10,386,500,729, which fell -14.8% MoM from 12,190,209,478 in April 2015. Across a yearly timeframe however, equities volume was virtually unchanged from 10,326,083,046 in May 2014.

This amounted to a cash value of $113,008,827,369 in May 2015, down -9.2% MoM from $124,509,929,564 in April 2015. Alternatively, May 2015’s cash value rose 3.7% YoY from $108,999,714,118 in May 2014.

The Toronto Stock Exchange (TSX) also experienced a similar outcome, as May 2015 saw a volume of 5,928,278,839. This figure also nets a decline of -13.8% MoM from 6,877,020,317 in April 2015, party offset by a growth 5% YoY from 5,645,923,198 in May 2014.

In terms of cash value at the TSX, May 2015 saw a value of $93,147,611,720, representing a drop of -8.8% from $102,190,821,442 in April 2015.