Welcome to our dedicated page for Tmx Group news (Ticker: TMXXF), a resource for investors and traders seeking the latest updates and insights on Tmx Group stock.
The TMX Group Ltd (TMXXF) news feed on Stock Titan aggregates company disclosures and market-related updates drawn from TMX Group's own announcements. TMX Group describes itself as operating global markets and building digital communities and analytic solutions for businesses, traders and investors, and its news reflects that focus on financial data and stock exchanges.
Regular equity financing statistics releases provide detail on new issuers, initial public offerings, total financings raised and the number of financings on Toronto Stock Exchange and TSX Venture Exchange. These updates also categorize new listings by type, such as Canadian Depositary Receipts, exchange traded products, mining companies, technology companies and special purpose acquisition companies, giving readers insight into the composition of listings on TMX-operated markets.
TMX Group also publishes consolidated trading statistics for its marketplaces, including Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, Alpha-X, Alpha DRK and Montréal Exchange. These releases summarize trading volume, value and transactions across TMX equities marketplaces, along with derivatives volume and open interest on Montréal Exchange, for each reported period.
Additional news items cover dividend declarations, the release dates and analyst calls for quarterly financial results, and the company's holiday operating schedule for its exchanges and derivatives markets. TMX Group also announces participation by its executives in financial services conferences hosted by major banks. Investors and market participants who follow TMXXF can use this news stream to monitor TMX Group's market activity, corporate actions and communications with the financial community.
TMX Group reported strong Q4 2024 financial results with revenue reaching $393.3 million, up 30% from Q4 2023. The company achieved significant growth with diluted earnings per share of $0.58, an 87% increase, including a $0.16 gain related to foreign exchange. Adjusted diluted earnings per share grew 30% to $0.48.
Organic revenue excluding acquisitions increased by 17%, driven by TMX Trayport's 25% increase in total licensees, 20% growth in MX trading volumes, 5% increase in BOX volumes, and 19% increase in equity trading volumes. The Board approved a 5% dividend increase to $0.20 per share, marking their fourth dividend increase in two years.
The company successfully launched TSX Alpha U.S. Inc. (AlphaX US) on January 22, 2025, expanding their U.S. presence with a new equity alternative trading system.
TMX Group (TSX: X) has announced two upcoming conference presentations by CEO John McKenzie. The first presentation will take place at the 2025 Bank of America Financial Services Conference on Monday, February 10, 2025, from 8:50 a.m. to 9:30 a.m. ET. The second presentation is scheduled for the UBS Financial Services Conference on Tuesday, February 11, 2025, from 2:40 p.m. to 3:20 p.m. ET.
Both presentations will be accessible via webcast and will be archived in TMX's shareholder events section for future reference.
TMX Group has announced the launch of AlphaX US, a new US Alternative Trading System (ATS) venue, marking its first international expansion for TMX Markets division. The platform is designed to enhance execution quality and will trade exclusively US-listed securities under Reg NMS regulations.
The new venue will serve FINRA-registered broker dealers and offers trading in all Regulation NMS common stock, exchange-traded funds, and American depository receipts. AlphaX US operates during regular U.S. market hours, with order entry available 60 minutes before market open.
Led by Heidi Fischer as President of TSX Alpha US, the platform focuses on execution performance and provides customization options, analytics, and easy implementation for the broker dealer community.
TMX Group released its December 2024 financing activity report for Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). TSX welcomed seven new issuers (five ETFs and two mining companies), compared to 14 in November and three in December 2023. Total TSX financings raised in December 2024 reached $1.19 billion, up 49% month-over-month but down 56% year-over-year.
TSXV added two new mining companies in December 2024. TSXV total financings increased to $487.9 million, up 6% from November and 42% from December 2023. The number of TSXV financings rose to 120 from 106 in November.
Year-to-date 2024, TSX saw a 9.6% increase in new listings and a 147% jump in IPO financings, while total financings decreased 6%. TSXV recorded a 17.2% decline in new issuers but an 8.1% increase in total financings raised compared to 2023.
TMX Group (TSX: X) has announced it will release its Q4 2024 financial results on Monday, February 3, 2025, after market hours. The company will host an analyst conference call to discuss the results on Tuesday, February 4, 2025, at 8:00 a.m. ET.
The conference call will feature key executives including John McKenzie (CEO), David Arnold (CFO), and Amin Mousavian (VP of Investor Relations & Treasury). Participants can join the live call using the phone numbers 437-900-0527 or 1-888-510-2154. An audio replay will be available at 289-819-1450 or 1-888-660-6345, access code 53456#. The call will also be accessible via webcast and archived in TMX's shareholder events section.
TMX Group has released its December 2024 trading statistics across all its marketplaces. The total trading volume across all TMX Equities Marketplaces reached 11.89 billion shares, with a value of $293.37 billion and 20.7 million transactions. Year-to-date statistics show significant growth, with a 7.3% increase in volume and a 15.8% increase in value compared to 2023.
The Toronto Stock Exchange saw a volume of 7.71 billion shares traded, valued at $274.45 billion, with the S&P/TSX Composite Index closing at 24,727.94. The TSX Venture Exchange recorded 3.05 billion shares traded, valued at $1.31 billion. The Montreal Exchange reported derivatives volume of 16.75 million contracts with open interest of 23.61 million contracts, showing a year-to-date increase of 14.1% in volume and 51.3% in open interest.
TMX Group released its financing activity report for November 2024. Toronto Stock Exchange (TSX) welcomed 14 new issuers, including 11 ETFs, one clean technology company, one mining company, and one consumer products & services company. Total financings on TSX decreased 37% month-over-month and 48% year-over-year, with 33 total financings raising $805.1M.
TSX Venture Exchange (TSXV) added three new issuers: a Capital Pool Company, a life sciences company, and a mining company. TSXV financings decreased 7% from October but increased 83% compared to November 2023, with 106 financings raising $459.6M. The market cap of TSX listed issues reached $5.07T, while TSXV listed issues totaled $86.8B.
TMX Group reported its November 2024 trading statistics across all its marketplaces. Total trading volume across all TMX Equities Marketplaces reached 12.02 billion shares, with a value of $280.34 billion. The S&P/TSX Composite Index closed at 25,648.00.
Year-to-date statistics showed positive growth with volume up 6.6% to 120.6 billion shares and value increasing 15.0% to $2.80 trillion compared to 2023. The Montreal Exchange saw derivatives volume reach 19.58 million contracts in November, with open interest at 23.77 million contracts, representing a 41.2% year-to-date increase.
TMX Group has announced its holiday operating schedule for the end of 2024 and beginning of 2025. Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), TSX Alpha Exchange and Montréal Exchange (MX) will be closed on December 25, 26, 2024, and January 1, 2025, for Christmas Day, Boxing Day and New Year's Day respectively. On December 24, 2024, the exchanges will operate with reduced hours, closing at 1:00 p.m. EST, with MX interest rate derivatives trading until 1:30 p.m. EST. On December 31, MX equity, currency, index and ETF derivatives will maintain regular hours, while interest rate derivatives will close at 1:30 p.m. EST.
TMX Group (TSX: X) has issued an update regarding the impact of the Canadian Union of Postal Workers' strike on their ability to deliver Q3 2024 financial reports to shareholders. The company confirms that the interim financial statements and related management's discussion for the three and nine months ended September 30, 2024, are available on www.sedarplus.ca and TMX Group's Investor Relations website. Shareholders can request free copies via phone or email, and physical copies will be mailed within ten days after postal service resumes to those who requested them.