TMX Group’s August Volumes Pointed Higher, Bucking Industry Trend

TMX Group Limited has reported its monthly trading statistics and figures for August 2016, which includes the aggregated figures and volumes for the Toronto Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, TSX Venture Exchange, TMX Select, Alpha, Montreal Exchange (MX), and NGX. Overall, the group’s volumes were largely stronger during for the month, seeing healthy growth across volumes, values and transactions, according to a TMX report.

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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. An earlier uptick during H1 across the comprehensive network of exchanges was briefly interrupted last month, though the latest figures suggest volumes are on the uptick despite low Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in North American markets.

Upbeat Performance

During August 2016, TMX and all of its marketplaces saw equities volumes of 11.9 billion, rising by a factor of 8.2% MoM from 11.0 billion in July 2016. Looking at a yearly timetable however, the performance in overall equities volume was firmly entrenched in territory, climbing 19.0% YoY from 10.0 billion in August 2015.

Across all three exchanges, the total cash value in August 2016 came in at $116.9 billion, climbing 6.9% MoM from $109.3 billion in July 2016. The latest cash value in August 2016 across the exchanges did however move lower when measured against its 2015 counterpart, retreating 3.9% YoY from $121.7 billion in August 2015.

Looking at a year-to-date (YTD) perspective, all three exchanges experienced mixed performances across overall volume (10.3%), cash value (-1.8%), and transactions (-8.5%).

In terms of specific exchanges, the Toronto Stock Exchange (TSX) yielded an upbeat performance for the month, notching a volume of $6.9 billion in August 2016, growing -4.5% from $6.6 in July 2016, along with a YoY jump of 7.8% from $6.4 in August 2015.