TMX Group Consolidated Trading Statistics - October 2024

TMX Group Limited (TSX: X) reported robust trading statistics for October 2024, reflecting the overall health and growth of the Canadian capital markets. The total trading volume reached 11.8 billion shares, up 25.6% year-over-year (YoY), with a trading value of $275.5 billion, a 38.6% YoY increase. The Montreal Exchange saw derivatives volume up 23.4% YoY to 18.2 million contracts, with open interest increasing 34.8% YoY to 22.1 million contracts. Year-to-date (YTD) trading value was up 13.4% to $2.52 trillion compared to 2023.

The Toronto Stock Exchange (TSX) witnessed a 25.6% YoY increase in trading volume to 11.8 billion shares, with a 38.6% YoY increase in trading value to $275.5 billion. The TSX Venture Exchange (TSXV) experienced a 40.4% YoY increase in trading volume to 3.3 billion shares. The TSX Alpha Exchange, including Alpha-X & Alpha DRK, had a 25.6% YoY increase in trading volume to 1.1 billion shares. The Montréal Exchange reported a 23.4% YoY increase in derivatives volume to 18.2 million contracts.

The S&P/TSX Composite Index closed at 24,156.87, reflecting the market's bullish sentiment. The S&P/TSX Venture Composite Index contributed to this growth, with its October 2024 close of 601.43, up from 581.12 in September, driving a 23.4% YoY increase in Montreal Exchange derivatives volume to 18.2M contracts.

TMX Group's strong performance in October 2024 reflects the overall health and growth of the Canadian capital markets. The merger between Terminix and Rentokil Initial, which closed on October 12, 2022, subject to customary closing conditions, contributed to the increase in total trading volume and value. The combined entity, with a market cap of $12.33 billion, supported the growth in trading activity.



In conclusion, TMX Group's October 2024 trading statistics indicate a resilient and growing market, supported by positive fundamentals and investor sentiment. The strong performance across various marketplaces, including the TSX, TSXV, and TSX Alpha Exchange, demonstrates the overall health of the Canadian capital markets. As TMX Group continues to expand its offerings and attract new listings, investors can expect further growth and value creation in the coming months.