Core Insights - TMX Group Limited reported significant increases in trading statistics for September 2025 across its marketplaces, indicating robust market activity and growth compared to previous months and the same period last year [1][2][4]. Trading Statistics Overview - Total trading volume in September 2025 reached 17,189,380,707, a substantial increase from 12,200,372,060 in August 2025 and 11,493,486,995 in September 2024 [2]. - The total value of trades in September 2025 was $378,148,495,945, up from $300,143,130,282 in August 2025 and $285,041,200,207 in September 2024 [2]. - The number of transactions in September 2025 was 27,283,644, compared to 23,188,885 in August 2025 and 20,326,563 in September 2024 [2]. Year-to-Date Performance - Year-to-date trading volume for 2025 reached 118,321,448,158, reflecting a 22.3% increase from 96,753,089,762 in 2024 [4]. - The year-to-date value of trades in 2025 was $2,890,848,038,018, representing a 28.5% increase from $2,248,873,978,197 in 2024 [4]. - The total number of transactions year-to-date in 2025 was 225,075,577, up 22.0% from 184,475,496 in 2024 [4]. Daily Averages - Daily average trading volume in September 2025 was 818.5 million, compared to 610.0 million in August 2025 and 574.7 million in September 2024 [3]. - The daily average value of trades in September 2025 was $18,007.1 million, an increase from $15,007.2 million in August 2025 and $14,252.1 million in September 2024 [3]. - Daily average transactions in September 2025 were 1,299,221, up from 1,159,444 in August 2025 and 1,016,328 in September 2024 [3]. Exchange-Specific Insights Toronto Stock Exchange - In September 2025, the Toronto Stock Exchange recorded a trading volume of 9,859,266,723, up from 7,604,943,671 in August 2025 and 7,963,437,833 in September 2024 [6]. - The value of trades on the Toronto Stock Exchange in September 2025 was $354,597,976,029, compared to $280,671,320,926 in August 2025 and $269,193,775,897 in September 2024 [6]. - The number of transactions was 23,443,698 in September 2025, an increase from 20,421,300 in August 2025 and 18,065,441 in September 2024 [6]. TSX Venture Exchange - The TSX Venture Exchange saw a trading volume of 5,805,056,692 in September 2025, significantly up from 3,498,516,039 in August 2025 and 2,579,115,123 in September 2024 [10]. - The value of trades on the TSX Venture Exchange was $4,442,233,002 in September 2025, compared to $2,130,980,680 in August 2025 and $1,114,922,138 in September 2024 [10]. - The number of transactions was 1,807,632 in September 2025, up from 1,017,167 in August 2025 and 634,123 in September 2024 [10]. TSX Alpha Exchange - The TSX Alpha Exchange reported a trading volume of 1,480,458,760 in September 2025, an increase from 1,060,876,293 in August 2025 and 935,910,396 in September 2024 [14]. - The value of trades was $18,165,169,218 in September 2025, compared to $16,543,069,653 in August 2025 and $14,237,884,724 in September 2024 [14]. - The number of transactions was 1,900,198 in September 2025, up from 1,642,796 in August 2025 and 1,577,759 in September 2024 [14]. Montreal Exchange - The Montreal Exchange recorded a derivatives volume of 19,774,523 contracts in September 2025, compared to 18,282,483 in August 2025 and 16,986,901 in September 2024 [23]. - Open interest in contracts was 30,757,922 in September 2025, up from 30,548,176 in August 2025 and 19,645,947 in September 2024 [23]. - Year-to-date derivatives volume for 2025 was 174,563,536 contracts, reflecting a 23.0% increase from 141,951,551 contracts in 2024 [24].