TMX Group Reports ADV of 541.5 Million Contracts in September 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 September 2022, showing a monthly increase in its overall trading volumes.

For September 2022, TMX reported an average daily volume (ADV) of 541.5 million contracts for all of its marketplaces, as total volumes increased to 11.37 billion from last month's 11.31 billion. Across a yearly interval, the total volumes decreased compared to the figures of 14.1 billion for September 2021.

In money terms, the total trading value of contracts for September 2022 averaged $11.3 billion per day, up from $10.4 billion in August 2022. Compared to the $11.6 billion in the same month in 2021, the ADV cash value in September 2022 reflected a slight decline.

On a year-to-date (YTD) basis, the total turnover through September 2022 came in at 116.8 billion contracts , a decline of 21.9 percent from 149.5 billion in the last year.