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 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.
TSX Venture Exchange announced its 2025 TSX Venture 50™ ranking, highlighting top-performing growth-stage companies. The 50 selected companies achieved a combined market capitalization of $21.7 billion by December 31, 2024, representing a 289% increase year-over-year. These companies delivered an average share price appreciation of 207%, surpassing previous years' growth of 121% in 2023 and 73% in 2022.
Kraken Robotics Inc. (TSXV: PNG) topped the list with a 437% market cap increase. The mining sector dominated with 31 companies, collectively reaching $8.1 billion in market capitalization. Innovation sectors showed strong performance, with clean technology and technology companies averaging 400% and 345% share price growth respectively. SPARQ Systems Inc. (TSXV: SPRQ) recorded the highest increases in share price (944%) and market capitalization (1,379%).
The Toronto Stock Exchange (TSX), TSX Venture Exchange, TSX Alpha Exchange, and Montréal Exchange have announced they will be closed on Monday, February 17, 2025 in observance of Family Day. Regular trading operations will resume on Tuesday, February 18, 2025.
TMX Group reported its January 2025 financing activity for Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). TSX welcomed 24 new issuers in January 2025, including 20 ETFs, 2 exchange traded products, and 2 mining companies, compared to 7 in December and 9 in January 2024.
TSX total financings raised in January 2025 were $814.9 million, showing a 32% decrease from December but a 274% increase year-over-year. The exchange recorded 43 financings, up from 26 in December. Market capitalization of listed issues reached $5.06 trillion.
TSXV reported no new issuers in January 2025. Total financings raised were $533.8 million, up 9% month-over-month and 52% year-over-year. The number of financings decreased to 107 from 120 in December. TSXV market capitalization stood at $91.7 billion, showing a 31% increase from January 2024.
TMX Group has released its January 2025 trading statistics, showing significant growth across its marketplaces. The total trading volume across all TMX Equities Marketplaces reached 11.7 billion shares, with a value of $286.6 billion. Year-over-year comparisons show notable increases, with volume up 15.0% and value up 28.9%.
The Toronto Stock Exchange saw a 13.4% increase in volume and 27.5% increase in value compared to January 2024. The S&P/TSX Composite Index closed at 25,533.10. The TSX Venture Exchange experienced strong growth with a 17.9% increase in volume and 36.9% increase in value. The Montreal Exchange showed remarkable performance in derivatives trading, with a 35.8% increase in volume and 67.7% increase in open interest contracts compared to the previous year.
TMX Group has announced a 5% increase in its quarterly dividend, raising it by $0.01 to $0.20 per common share. The dividend will be paid on March 7, 2025 to shareholders of record as of February 21, 2025.
This marks TMX Group's fourth dividend increase in two years, demonstrating the company's commitment to shareholder value and the strength of its business model. The company's CFO, David Arnold, emphasized their focus on executing a global strategy for enterprise growth while maintaining disciplined capital allocation and progressing toward deleveraging targets.
The dividend has been designated as an "eligible dividend" for Canadian income tax purposes.