TMX Group Posts 16% YoY Jump in Average Daily Trading Value for August 2022

TMX Group Limited (TMX), the operator of four marketplaces including Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange, has announced its aggregated trading statistics for August 2022, showing a monthly increase in its overall trading volumes.

For August 2022, TMX reported an average daily volume (ADV) of 514 million contracts for all of its marketplaces, as total volumes increased to 11.3 billion from last month's 10.3 billion. Across a yearly interval, the total volumes increased compared to the figures of 10.8 billion for August 2021.

In money terms, the total trading value of contracts for August 2022 averaged $10.4 billion per day, slightly decreased from $10.5 billion in July 2022. Compared to the $8.9 billion in the same month in 2021, the ADV cash value in August 2022 reflected a jump by over 16 percent.

On a year-to-date (YTD) basis, the total turnover through August 2022 came in at 105.5 billion contracts , a decline of 22.1 percent from 135.4 billion in the last year.