TMX Group Discloses Another Month of Strong Volumes in January 2018‎

TMX Group Limited, operator of 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 and another four marketplaces – TSX Venture Exchange, Alpha, Montreal Exchange (MX) and NGX – has reported its aggregated trading metrics for January 2018, which showed an ongoing bounce off 2017 lows, with market drivers and Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or 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. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or 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. Trad Read this Term in North America helping yield strong equities activity for the month.

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During the month of January 2018, TMX and all of its marketplaces reported an average daily volume (ADV) ‎of 821.8 million contracts, which represents a soild increase over a monthly timeframe, as volumes jumped 19 percent month-on-month from ‎691 million back in December 2017. Additionally, the latest figures constitute a rise of 13.0 percent year-on-year in terms of volumes from 603 million in January 2017.

In money terms, the total trading value of contracts for January averaged $7.74 billion per day, up 14.3 percent month-over-month from ‎$6.8 ‎billion for December 2017. Compared to last year’s figures, the ADV cash value in January 2018 reflected a more upbeat change when weighed against $6.11 billion in the same month of 2017, or higher 26 percent year-over-year.

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.

Earlier in December, TMX Group has completed the previously announced deal to buy the broker-tech platform licenser Trayport from Intercontinental Exchange Inc., which owns futures markets and the New York Stock Exchange.

The terms of the sale, agreed in October 2017, include a payment of £550 million ($721.2 million), of which £350 million is in cash and £200 million in exchange for selling ‎Natural Gas Exchange (NGX) and Shorcan Energy Brokers (Shorcan ‎Energy) to ICE‎.