TMX Group Reports 13% Jump in Revenues during Q2 2021

​TMX Group Limited, a Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges, has released its trading volumes for the second quarter ended June 30, 2021.

According to the official figures, the revenue on the platform for the period came in at $245.0 million, showing an increase of 13 percent on a year-over-year basis. The revenue was $217.7 million in Q2/20.

TMX Group' net income reached $77.3 million, which is 14 percent higher compared to the same period in 2020. In addition, the exchange operator saw its adjusted net income increased by 24 percent from $86.6 million in Q2/20 to $107.1 million in Q2/21.

Furthermore, the basic earnings per share increased 15% from $1.20 in Q2/20 to $1.38 in this quarter. And the adjusted diluted earnings per share reached $1.90, up 25% over $1.52 in Q2/20.

“The first half of the year featured strong performances in several growth areas and served to showcase the tremendous efforts of TMX's people to meet the increased demands of a thriving marketplace in serving the needs of our clients,” John McKenzie, Chief Executive Officer of TMX Group commented.” Looking forward, we remain firmly committed to working with our stakeholders in continuous support of the long-term, sustainable success of our capital markets ecosystem and to further expanding our global client base."

Earlier, TMX Group has issued financial results for the first quarter 2021​, seeing an increase of 14% in revenue from $220.3 million in Q1 2020 to $252.0 million.