Tmx Group Stock Price, News & Analysis

TMX Group (TMXXF) has announced that Luc Fortin, President and CEO of Montréal Exchange and Global Head of Trading, will be presenting at the 23rd Annual National Bank Financial Services Conference. The presentation is scheduled for Wednesday, March 26, 2025, from 2:30 to 2:55 p.m. ET. Interested parties can access the webcast through TMX's shareholder events section, where it will also be archived for future viewing.

TMX Group reported its financing activity for February 2025, showing mixed results across its exchanges. Toronto Stock Exchange (TSX) saw 25 new issuers, up from 24 in January 2025 and 11 in February 2024. The new listings comprised 14 exchange traded funds, 10 Canadian depository receipts, and one mining company.

TSX total financings increased 32% month-over-month but decreased 62% year-over-year. The exchange recorded 53 total financings, up from 43 in January and 32 in February 2024.

TSX Venture Exchange (TSXV) welcomed 4 new issuers in February 2025, including two Capital Pool Companies, one oil & gas company, and one mining company. TSXV financings decreased 3% from January but increased 83% year-over-year, with 88 financings compared to 107 in January and 86 in February 2024.

TMX Group has released its February 2025 trading statistics for its various marketplaces, including Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (including Alpha-X & Alpha DRK), and Montréal Exchange. The report includes year-to-date statistics for all TMX Equities Marketplaces. Notably, trading on Alpha-X and Alpha DRK platforms commenced on November 6, 2023. All figures are reported as of February 28, 2025, with the possibility of adjustments due to trade settlements and known trade corrections.

Toronto Stock Exchange (TSX) celebrates the 35th anniversary of the world's first exchange-traded fund (ETF), marking a significant milestone in financial innovation. The Toronto 35 Index Participation Units (TIPs), launched on March 9, 1990, served as the prototype for modern-day ETFs.

TSX has maintained its pioneering position by introducing several groundbreaking products, including the world's first fixed income ETF in 2000 and the first Bitcoin ETF in 2021. The exchange further strengthened its ETF capabilities through TMX Group's acquisition of VettaFi in January 2024.

Current statistics showcase the market's robust growth:

• Over $560 billion in Assets Under Management across 1,073 products (as of January 2025)
• $753 billion worth of ETF units traded in Canada (2024)
• Options trading available on 53 ETFs on Montréal Exchange
• Canadian ETF industry reached $600 billion in total assets under management

TMX Group announced that Morningstar DBRS has revised its credit rating trends from Negative to Stable, while confirming its Long-Term Issuer Rating and Senior Unsecured Debt credit rating at AA (low) and Commercial Paper credit rating at R-1 (middle).

The trend revision follows TMX Group's successful deleveraging efforts after its January 2024 acquisition of VettaFi Holdings (TMX VettaFi).

Montréal Exchange (MX) has launched options trading on 10 CIBC Canadian Depositary Receipts (CDRs), expanding investment opportunities for Canadian investors. The new CDR options, available for trading from March 3, 2025, enable investors to trade options on fractional shares of major U.S. companies in Canadian dollars on a Canadian exchange.

The CDR options are now available for trading on prominent U.S. companies including:

• Advanced Micro Devices (AMD)
• Alphabet (GOOG)
• Amazon.com (AMZN)
• Apple (AAPL)
• Berkshire Hathaway (BRK)
• Costco (COST)
• Meta (META)
• Microsoft (MSFT)
• Nvidia (NVDA)
• Tesla (TSLA)

This initiative aims to provide retail investors with enhanced portfolio management flexibility and diversification opportunities within the Canadian market.

TMX Group, the global exchange leader in mining, announces its sponsorship of the PDAC International Convention from March 2-5, 2025, in Toronto. The Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) will host various activities including fireside chats, panel discussions, and industry roundtables with international delegations.

As of December 31, 2024, the Exchanges hosted 1,097 mining issuers with a combined market capitalization of $603 billion. In 2024, TSX and TSXV mining issuers completed 1,242 financing transactions, raising $10.4 billion in equity capital. The exchanges represent almost 50% of the world's public mining companies.

TMX Group (TMXXF) and Clearstream Banking S.A. announced that the Bank of Canada will utilize their Canadian Collateral Management Service (CCMS). The CCMS, launched in 2024, provides exclusive domestic tri-party repo capabilities to enhance repo market liquidity and streamline collateral management activities.

The service optimizes securities finance activities across the Canadian market by improving collateral mobility for repo, securities lending, and derivatives activities. The Bank of Canada's participation represents a significant milestone in strengthening Canada's financial markets ecosystem and aligning with global standards.

According to Toni Gravelle, Deputy Governor of Bank of Canada, the CCMS will enable faster and more flexible market operations once their IT systems are updated for the new platform.

TMX VettaFi has announced the acquisition of Credit Suisse's Bond Indices from UBS, marking its fourth major acquisition in 18 months. This strategic move strengthens the company's fixed income indexing capabilities and expands its services to international clients.

The acquired bond index franchise covers government, credit, and emerging markets bonds, along with advanced tools and analytics for custom fixed income exposures. TMX VettaFi's platform now encompasses over 700 indexes with $53 billion in passively tracked assets and $41 billion in benchmarked assets.

This acquisition follows previous purchases of iNDEX Research (US$10B in linked assets) in October 2024, ROBO Global Index Suite in April 2023, and EQM Indexes in September 2023. The company highlights that while fixed income represents about 20% of the ETF market, the global bond market ($140 trillion) exceeds the global equity market ($115 trillion), presenting significant growth opportunities.