Trading Surge Leads Toronto Exchange Past New York, London

TMX posted 38% increase in daily average volume through June
Firm is the only Canadian financial stock to gain in 2020

TMX Group Inc. signage and stock prices are displayed on a screen in the broadcast center of the Toronto Stock Exchange (TSX) in Toronto.Photographer: Pawel Dwulit/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Addison Kliewer

July 8, 2020 at 11:42 AM UTC

This article is for subscribers only.

The best-performing financial stock on the Toronto Stock Exchange isn’t a bank. It’s the parent company of the exchange itself, thanks to a jump in equity trading volumes.

TMX Group Ltd. is the only member of the S&P/TSX Financials Index to have gained so far in 2020, climbing 19.6%, while its other 24 members are in the red.