TMX Group reports double-digit growth in capital markets and data segments, with first-half capital raised up 51%.
TMX Group posted a 16% year-over-year increase in second-quarter revenue to C$487.5 million, driven by broad-based growth across its capital markets, data, and derivatives businesses. Adjusted diluted earnings per share rose 19% for the period, while all major segments delivered double-digit gains.
First-half capital raised surged 51%, new listings climbed 44% to 251, and derivatives volumes increased 18%. Global Insights revenue grew 18%, supported by acquisitions and higher indexing assets. Organic revenue, excluding 2025 deals, rose 14% in the first six months.
The company also announced an 8% dividend increase to C$0.26 per share and plans to invest US$800 million in the proposed MEMX-BOX combination, targeting a 59% stake.