TMX Group Reports ADV of 523 Million Contracts in October 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 October 2022, showing a monthly decline in its overall trading volumes.

Fazzaco Hall of Fame 2022 Officially Opens (Click to Nominate)!

For October 2022, TMX reported an average daily volume (ADV) of 523 million contracts for all of its marketplaces, as total volumes decreased to 10.5 billion from last month's 11.4 billion. Across a yearly interval, the total volumes decreased compared to the figures of 12.9 billion for October 2021.

In money terms, the total trading value of contracts for October 2022 averaged $10.7 billion per day, decreasing from $11.3 billion in September 2022. Compared to the $10.73 billion in the same month in 2021, the ADV cash value in October 2022 reflected a slight decrease.

On a year-to-date (YTD) basis, the total turnover through October 2022 came in at 127.3 billion contracts , a decline of 21.6 percent from 162.3 billion in the last year.