TMX Group Equity Financing Statistics - March 2025
Rhea-AI Summary
TMX Group reported its March 2025 financing activity for Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). TSX welcomed 18 new issuers (all ETFs), down from 25 in February but up from 4 in March 2024. Total financings raised decreased 36% month-over-month to $691.4M but increased 187% year-over-year.
Key TSX metrics: Total number of financings was 35, with market cap of listed issues at $5.06T. Year-to-date, new listings increased 179.2%, while total financings decreased 22.3% to $2.59B.
TSXV performance: Added 4 new mining issuers, with total financings of $323.1M (down 37% month-over-month). Year-to-date, TSXV saw total financings increase 42.2% to $1.37B, despite new listings declining 52.9%. Market cap of listed issues reached $92.4B, up 31.8% year-over-year.
Positive
- TSX new listings up 179.2% YTD compared to 2024
- TSX IPO financings increased 318.9% YTD to $348.8M
- TSXV total financings up 42.2% YTD to $1.37B
- TSXV market cap grew 31.8% YoY to $92.4B
- TSX market cap increased 14.9% YoY to $5.06T
Negative
- TSX total financings down 36% MoM to $691.4M
- TSX YTD total financings decreased 22.3% to $2.59B
- TSXV new listings down 52.9% YTD
- TSXV IPO financings declined 78.7% YTD to $517,500
- TSXV total financings decreased 37% MoM
News Market Reaction 1 Alert
On the day this news was published, TMXXF declined 1.60%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Toronto Stock Exchange, TSX Venture Exchange
Toronto, Ontario--(Newsfile Corp. - April 9, 2025) - TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for March 2025.
TSX welcomed 18 new issuers in March 2025, compared with 25 in the previous month and four in March 2024. The new listings were 18 exchange traded funds. Total financings raised in March 2025 decreased
For additional data relating to the number of transactions billed for TSX, please click on the following link: https://www.tmx.com/resource/en/440.
There were four new issuers on TSXV in March 2025, compared with four in the previous month and seven in March 2024. The new listings were four mining companies. Total financings raised in March 2025 decreased
TMX Group consolidated trading statistics for March 2025 can be viewed at www.tmx.com.
Toronto Stock Exchange
| March 2025 | February 2025 | March 2024 | |
| Issuers Listed | 1,869 | 1,861 | 1,790 |
| New Issuers Listed | 18 | 25 | 4 |
| IPOs | 18 | 14 | 4 |
| Graduates from TSXV | 0 | 1 | 0 |
| Issues Listed | 2,516 | 2,507 | 2,457 |
| IPO Financings Raised | |||
| Secondary Financings Raised | |||
| Supplemental Financings Raised | |||
| Total Financings Raised | |||
| Total Number of Financings | 35 | 53 | 18 |
| Market Cap Listed Issues |
Year-to-date Statistics
| 2025 | 2024 | % change | |
| New Issuers Listed | 67 | 24 | +179.2 |
| IPOs | 52 | 19 | +173.7 |
| Graduates from TSXV | 3 | 4 | -25.0 |
| IPO Financings Raised | +318.9 | ||
| Secondary Financings Raised | -61.7 | ||
| Supplemental Financings Raised | +2,852.6 | ||
| Total Financings Raised | -22.3 | ||
| Total Number of Financings | 131 | 81 | +61.7 |
| Market Cap Listed Issues | +14.9 |
TSX Venture Exchange**
| March 2025 | February 2025 | March 2024 | |
| Issuers Listed | 1,814 | 1,820 | 1,900 |
| New Issuers Listed | 4 | 4 | 7 |
| IPOs | 0 | 2 | 2 |
| Graduates to TSX | 0 | 1 | 0 |
| Issues Listed | 1,877 | 1,888 | 1,978 |
| IPO Financings Raised | |||
| Secondary Financings Raised (1) | |||
| Supplemental Financings Raised | |||
| Total Financings Raised | |||
| Total Number of Financings | 93 | 88 | 71 |
| Market Cap Listed Issues |
Year-to-date Statistics
| 2025 | 2024 | % Change | |
| New Issuers Listed | 8 | 17 | -52.9 |
| IPOs | 2 | 7 | -71.4 |
| Graduates to TSX | 3 | 4 | -25.0 |
| IPO Financings Raised | -78.7 | ||
| Secondary Financings Raised (1) | +137.5 | ||
| Supplemental Financings Raised | +27.2 | ||
| Total Financings Raised | +42.2 | ||
| Total Number of Financings | 288 | 281 | +2.5 |
| Market Cap Listed Issues | +31.8 |
**Includes NEX (not applicable to New Issuers Listed, IPOs and IPO Financings Raised)
(1) Secondary financings include prospectus offerings on both a treasury and secondary basis
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. Comparative data has been updated to reflect known corrections.
TMX Group welcomes the following companies that listed during March 2025:
Toronto Stock Exchange
| Issuer Name | Company Symbol |
| BMO Target 2027 Canadian Corporate Bond ETF | ZXCO |
| BMO Target 2028 Canadian Corporate Bond ETF | ZXCP |
| BMO Target 2029 Canadian Corporate Bond ETF | ZXCQ |
| Brompton Split Corp. Class A Share ETF | CLSA |
| Evolve Canadian Energy Enhanced Yield Index Fund | OILY |
| Evolve Enhanced Yield Mid Term Bond Fund | MIDB |
| Evolve Levered Bitcoin ETF | LBIT |
| Evolve Levered Ether ETF | LETH |
| Guardian i3 Global Dividend Premium Yield Fund | GIDY |
| Harvest Alphabet Enhanced High Income Shares ETF | GOGY |
| Harvest AMD Enhanced High Income Shares ETF | AMDY |
| Harvest Broadcom Enhanced High Income Shares ETF | AVGY |
| Harvest Coinbase Enhanced High Income Shares ETF | CNYE |
| Harvest Costco Enhanced High Income Shares ETF | COSY |
| Harvest MicroStrategy Enhanced High Income Shares ETF | MSTE |
| Harvest Netflix Enhanced High Income Shares ETF | NFLY |
| JPMorgan US Growth Active ETF | JGRO |
| JPMorgan US Value Active ETF | JAVA |
TSX Venture Exchange
| Issuer Name | Company Symbol |
| Cerro De Pasco Resources Inc. | CDPR |
| F4 Uranium Corp. | FFU |
| Gold Hart Copper Corp. | HART |
| PTX Metals Inc. | PTX |
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 and TMX VettaFi, 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/247926