Record Revenue Performance
TMX Group delivered a record revenue of $421.7 million in Q2 2025, a robust 15% increase year-over-year, driven by strong performance across multiple business segments.
Strong Growth in Derivatives Trading and Clearing
Revenue from derivatives trading and clearing increased 33%, with a 29% year-over-year growth excluding BOX. Montreal Exchange trading grew 34% and CDCC revenue grew 21%.
Impressive Expansion in Global Insights Segment
Global Insights revenue grew by 16% in Q2 2025, with TMX Trayport revenue up 26% in CAD and TMX VettaFi growing by 17% in CAD, driven by increased licensees and new acquisitions.
Strong Equity and Fixed Income Trading
Revenue from equities and fixed income trading increased 18%, supported by higher volumes in equity marketplaces and increased activity in Government of Canada bonds.
Dividend Increase
TMX Group's Board of Directors approved a 10% increase to the quarterly dividend to $0.22 per common share, maintaining a dividend payout ratio of 42% in Q2.