Canada's TMX Group Discloses Positive Metrics for June 2018

Canada’s biggest 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 operator, TMX Group Ltd, On Friday reported its aggregated trading metrics for June 2018, which were largely positive, helping stage a rebound off the weak performance of the prior month.

The Toronto Stock Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term owner said volumes rose sequentially on TMX and all of its marketplaces, which includes Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX). Specifically, the average daily volume (ADV) ‎was reported at 522 million contracts, which represents a mild increase over a monthly timeframe, as volumes jumped 4.2 percent month-on-month from 501 million back in May 2018. However, the latest figures constitute a drop of 3.8 percent year-on-year in terms of volumes from 543 million in June 2017.

In money terms, the total trading value of contracts for June averaged $7.3 billion per day, up 7.4 percent month-over-month from $6.8 billion for May 2018. Compared to last year’s figures, the ADV cash value in June 2018 rose 2.8 percent when weighed against $7.15 billion in the same month of 2017.

Across the year-to-date (YTD) interval, the total turnover through June 2018 came in at $906 billion, a gain of 1.8 percent from $890 billion in the same six-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.

TMX Group was in the news last March after it launched a cryptocurrency brokerage service through its Shorcan Digital Currency Network subsidiary.

Canada has proven to be an attractive location for Chinese Bitcoin mining companies in their search for a new home, as the climate is conducive to the effective operation of the mining computers.