McKenzie reiterated TMX’s long-term goal of reaching two-thirds recurring revenue. He said the company delivered “really good growth” in recurring revenue lines, citing double-digit growth at Trayport and in other insights businesses, along with “very strong growth” in Datalinx. The overall percentage nonetheless moved lower because derivatives and equity trading also delivered strong double-digit growth, increasing the non-recurring share of revenue.McKenzie said about half of TMX’s business is now outside ...