TMX Group (TMX)

TMX Group (TMX)



TMX Group is an integrated, multi-asset class exchange group comprising the Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Montréal Exchange and Alpha Trading Systems and other business groups. The history of TMX dates back to 1852 with the founding of the Toronto Stock Exchange.

TMX Group's businesses operate cash and derivative markets for multiple asset classes including equities, fixed income and energy, and provide clearing facilities, data products and other services to the global financial community.


Toronto Stock Exchange

Toronto Stock Exchange, established in 1852, provides senior issuers with access to public equity, liquidity for existing and new investors, and market exposure.


TSX Venture Exchange

TSX Venture Exchange serves the public venture capital market by providing access to growth capital for early stage companies and offering investors a well-regulated market for making venture investments.


TMX Select

TMX Select is an alternative equities trading system launched by TMX Group in 2011.


Montréal Exchange

Montréal Exchange (MX), wholly-owned by TMX Group, provides trading and clearing of interest rate, index and equity derivatives. MX owns a majority interest (53.8%) in Boston Options Exchange (BOX).


Alpha Trading Systems (ATS)

Alpha is a trading venue owned and operated by TMX Group. The Canadian alternative trading system facilitates the trading of securities listed on the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). Alpha was acquired by TMX Group in August of 2012.


Other key businesses operated by TMX Group include:


Canadian Derivatives Clearing Corp. (CDCC)

  • CDCC is a wholly-owned subsidiary of the Montréal Exchange.
  • Acts as the central clearing counterparty for exchange-traded derivative products in Canada and a range of financial instruments trading in the over-the-counter (OTC) markets.

Natural Gas Exchange (NGX)

  • Subsidiary of TMX Group.
  • Exchange for trading and clearing natural gas and electricity contracts.

CanDeal.ca Inc.

  • Operates an institutional fixed income trading system.
  • 47% owned by TMX Group.

Shorcan Brokers Limited

  • Fixed income inter-dealer broker.
  • 100% owned by TMX Group.

TMX Datalinx

  • Offers real-time, historical and index data, corporate information, news, derivatives, fixed income and foreign exchange data.

The Equicom Group

  • Provides investor relations and corporate communications services.