TMX Group Discloses Further Volumes Growth in December 2017‎

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 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, Alpha, Montreal Exchange (MX) and NGX – has reported its aggregated trading metrics for December 2017, which were largely positive, helping continue a recent rebound off the weak performance of the second quarter.

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During the month of December 2017, TMX and all of its marketplaces reported an average daily volume (ADV) ‎of 691 million contracts, which represents a mild increase over a monthly timeframe, as volumes jumped 5 percent month-on-month from ‎659.2 million back in November 2017. Additionally, the latest figures constitute a rise of 13.0 percent year-on-year in terms of volumes from 612 million in December 2016.

In money terms, the total trading value of contracts for December averaged $6.8 billion per day, up 12.9 percent month-over-month from $5.05 billion for November 2017. Compared to last year’s figures, the ADV cash value in December 2017 reflected a flat change when weighed against $6.7 billion in the same month of 2016.

Across the year-to-date (YTD) interval, the total turnover through December 2017 came in at $1.61 trillion, a gain of 4.2 percent from $1.55 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.

Last month, 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 in cash and £200 million in exchange for selling ‎Natural Gas Exchange (NGX) and Shorcan Energy Brokers (Shorcan ‎Energy) to ICE‎.