TMX CEO Thomas Kloetchristinne muschi for The Globe and Mail
The operator of Canada's largest stock exchange, TMX Group Inc. , had slightly improved second-quarter profit and revenue.
TMX Group's profit in the second quarter was $47.6-million, or 64 cents per common share - up 2 per cent from a year before.
Revenue increased by 3 per cent to $142.7-million.
TMX Group chief executive Thomas Kloet says the company experienced a rebound in listings, with a number of initial public offerings on both the main stock market at the TSX Venture exchange.
Meanwhile, there was also a surge of activity in derivatives trading at the Montreal Exchange, where volumes increased by 32 per cent over last year.
The Montreal Exchange, which was acquired by the Toronto-based company in 2008, set a record trading volume in May.
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