TMX Group Reveals Healthy Volumes for November 2017‎

TMX Group Limited, operator of the Toronto Stock Exchange and another four marketplaces – TSX Venture Exchange, Alpha, Montreal Exchange (MX) and NGX – has reported its aggregated trading metrics for November 2017, which were largely positive, helping stage a rebound off the weak performance of the prior month.

During the month of November 2017, TMX and all of its marketplaces reported an average daily volume (ADV) ‎of 659.2 million contracts, which represents a massive increase over a monthly timeframe, as volumes jumped 28.4 percent month-on-month from 521.8 million back in October 2017. Additionally, the latest figures constitute a rise of 6.3 percent year-on-year in terms of volumes from 619.9 million in November 2016.

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In money terms, the total trading value of contracts for November averaged $6.05 billion per day, up 7.32 percent month-over-month from $5.6 billion for October 2017. Compared to last year’s figures, the ADV cash value in November 2017 reflected a drop of 9.2 percent when weighed against $6.7 billion in the same month of 2016.

Across the year-to-date (YTD) interval, the total turnover through November 2017 came in at $1.48 trillion, a gain of 5.0 percent from $1.41 trillion in the same 11 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.