TMX Group Consolidated Trading Statistics - November 2025
Rhea-AI Summary
TMX Group (TMXXF) released consolidated trading statistics for November 2025 covering Toronto Stock Exchange, TSX Venture, TSX Alpha (including Alpha-X & Alpha DRK) and Montréal Exchange, with figures as of Nov 30, 2025. All-market November volume was 14,208,169,648 and value was $348,072,436,278. Year-to-date through November, 2025 total volume rose +25.5% to 151,375,747,288 and value rose +29.3% to $3,627,871,623,338.
Notable segment moves: TSX year-to-date value +28.7%, TSX Venture year-to-date value +121.7%, Alpha-X year-to-date volume +197.2%, and Montréal Exchange open interest +42.4%.
Positive
- All-market YTD volume +25.5% to 151,375,747,288
- All-market YTD value +29.3% to $3,627,871,623,338
- TSX YTD value +28.7% to $3,376,774,272,102
- TSX Venture YTD value +121.7% to $27,873,172,366
- Alpha-X YTD volume +197.2% to 363,389,303
- Montreal Exchange open interest +42.4% to 33,839,881 contracts
Negative
- All-market November volume fell to 14,208,169,648 from October's 18,846,129,482
- TSX November volume declined to 8,908,413,019 from October's 10,276,749,913
- TSX Venture November value fell to $3,431,901,111 from October's $6,100,705,074
News Market Reaction – TMXXF
In the Dec 4 session, TMXXF gained 0.99%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Equity financing stats | Positive | +1.1% | Detailed November 2025 TSX and TSXV equity financing statistics and YTD growth. |
| Dec 04 | Trading statistics | Positive | +1.0% | Released November 2025 consolidated trading figures and strong year-to-date increases. |
| Dec 03 | Operating schedule | Neutral | -0.5% | Published December 2025 and January 2026 holiday operating and early close schedule. |
| Nov 12 | Equity financing stats | Positive | +4.0% | Reported October 2025 TSX and TSXV financings, new issuers and strong YTD growth. |
| Nov 07 | Trading statistics | Positive | +1.5% | Announced October 2025 consolidated trading activity and double-digit YTD increases. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Operational and statistics-focused releases have mostly coincided with positive price moves, with 4 of the last 5 news events followed by gains.
Over the last two months, TMX Group has regularly published trading and equity financing statistics, highlighting rising activity across TSX, TSXV, TSX Alpha, Alpha-X and Montréal Exchange. Notable items include strong October and November 2025 consolidated trading volumes and values, and significant year-to-date growth in financings on TSX and TSXV. A holiday operating schedule update on Dec 3, 2025 was the only recent event followed by a small price decline. Overall, data-centric updates have tended to align with modest positive price reactions.
Key Terms
derivatives financial
open interest financial
composite index financial
index close financial
contracts financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, Alpha-X & Alpha DRK and Montréal Exchange
Toronto, Ontario--(Newsfile Corp. - December 4, 2025) - TMX Group Limited today announced November 2025 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), including Alpha-X & Alpha DRK, and Montréal Exchange (MX).
All TMX Equities Marketplaces *
| November 2025 | October 2025 | November 2024 | |
| Volume | 14,208,169,648 | 18,846,129,482 | 12,025,217,832 |
| Value | |||
| Transactions | 28,095,632 | 32,543,664 | 22,281,813 |
| Daily Averages | |||
| Volume | 710.4 million | 856.6 million | 572.6 million |
| Value | |||
| Transactions | 1,404,782 | 1,479,257 | 1,061,039 |
Year-to-date Statistics
| 2025 | 2024 | % Change | |
| Volume | 151,375,747,288 | 120,597,202,054 | +25.5 |
| Value | +29.3 | ||
| Transactions | 285,714,873 | 228,153,094 | +25.2 |
| Daily Averages | |||
| Volume | 658.2 million | 519.8 million | +26.6 |
| Value | +30.5 | ||
| Transactions | 1,242,239 | 983,419 | +26.3 |
Toronto Stock Exchange
| November 2025 | October 2025 | November 2024 | |
| Volume | 8,908,413,019 | 10,276,749,913 | 7,986,209,101 |
| Value | |||
| Transactions | 23,960,280 | 27,510,977 | 19,643,417 |
| S&P/TSX Composite Index Close ^ | 31,382.78 | 30,260.74 | 25,648.00 |
| Daily Averages | |||
| Volume | 445.4 million | 467.1 million | 380.3 million |
| Value | |||
| Transactions | 1,198,014 | 1,250,499 | 935,401 |
Year-to-date Statistics
| 2025 | 2024 | % Change | |
| Volume | 94,811,744,365 | 79,726,644,440 | +18.9 |
| Value | +28.7 | ||
| Transactions | 249,252,023 | 201,865,709 | +23.5 |
| Daily Averages | |||
| Volume | 412.2 million | 343.6 million | +20.0 |
| Value | +29.8 | ||
| Transactions | 1,083,704 | 870,111 | +24.5 |
TSX Venture Exchange*
| November 2025 | October 2025 | November 2024 | |
| Volume | 4,048,567,315 | 6,622,291,383 | 2,864,394,117 |
| Value | |||
| Transactions | 1,591,029 | 2,567,858 | 732,906 |
| S&P/TSX Venture Composite Index Close ^ | 937.34 | 957.88 | 614.26 |
| Daily Averages | |||
| Volume | 202.4 million | 301.0 million | 136.4 million |
| Value | |||
| Transactions | 79,551 | 116,721 | 34,900 |
Year-to-date Statistics
| 2025 | 2024 | % Change | |
| Volume | 42,186,902,882 | 29,840,064,415 | +41.4 |
| Value | +121.7 | ||
| Transactions | 12,982,885 | 7,366,880 | +76.2 |
| Daily Averages | |||
| Volume | 183.4 million | 128.6 million | +42.6 |
| Value | +123.7 | ||
| Transactions | 56,447 | 31,754 | +77.8 |
TSX Alpha Exchange
| November 2025 | October 2025 | November 2024 | |
| Volume | 1,221,120,861 | 1,893,812,483 | 1,154,006,820 |
| Value | |||
| Transactions | 2,430,819 | 2,314,065 | 1,841,692 |
| Daily Averages | |||
| Volume | 61.1 million | 86.1 million | 55.0 million |
| Value | |||
| Transactions | 121,541 | 105,185 | 87,700 |
Year-to-date Statistics
| 2025 | 2024 | % Change | |
| Volume | 14,013,710,738 | 10,908,206,902 | +28.5 |
| Value | +30.5 | ||
| Transactions | 22,450,245 | 18,512,590 | +21.3 |
| Daily Averages | |||
| Volume | 60.9 million | 47.0 million | +29.6 |
| Value | +31.6 | ||
| Transactions | 97,610 | 79,796 | +22.3 |
Alpha-X and Alpha DRK
| November 2025 | October 2025 | November 2024 | |
| Volume | 30,068,453 | 53,275,703 | 20,607,794 |
| Value | |||
| Transactions | 113,504 | 150,764 | 63,798 |
| Daily Averages | |||
| Volume | 1.5 million | 2.4 million | 1.0 million |
| Value | |||
| Transactions | 5,675 | 6,853 | 3,038 |
Year-to-date Statistics
| 2025 | 2024 | % Change | |
| Volume | 363,389,303 | 122,286,297 | +197.2 |
| Value | +99.2 | ||
| Transactions | 1,029,720 | 407,915 | +152.4 |
| Daily Averages | |||
| Volume | 1.6 million | 0.5 million | +199.7 |
| Value | +101.0 | ||
| Transactions | 4,477 | 1,758 | +154.6 |
Montreal Exchange
| November 2025 | October 2025 | November 2024 | |
| Derivatives Volume (Contracts) | 20,484,351 | 19,430,481 | 19,576,991 |
| Open Interest (Contracts) | 33,839,881 | 33,112,659 | 23,771,795 |
Year-to-date Statistics
| 2025 | 2024 | % Change | |
| Volume (Contracts) | 214,478,368 | 179,706,965 | +19.3 |
| Open Interest (Contracts) | 33,839,881 | 23,771,795 | +42.4 |
*Includes NEX
The information contained in this media release is provided for informational purposes only and is not intended to provide investment, trading, financial or other advice. All figures are as of November 30, 2025. Because certain trades do not settle on the trade date, figures may be subject to change until all November trades are finalized. Comparative data has been updated to reflect known trade corrections.
^The S&P/TSX Indices are products of S&P Dow Jones Indices LLC ("SPDJI") and TSX Inc. ("TSX"). Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and TSX® is a registered trademark of TSX. SPDJI, Dow Jones, S&P and TSX do not sponsor, endorse, sell or promote any products based on the Indices and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions or interruptions of the Indices or any data related thereto.
About TMX Group (TSX: X)
TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.
For more information please contact:
Catherine Kee
Head of Media Relations
TMX Group
416-671-1704
catherine.kee@tmx.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276843