TMX Group's third-quarter revenue rises 17% to $491.1 million

TMX Group’s third-quarter revenue rose 17% to $491.1 million from $418.6 million a year earlier. The company owns the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSXV). It also sells trading, clearing and market data.

The growth was led by data products: Global Insights, its market data and index business, rose 26%. Derivatives trading and clearing rose 13%, and Capital Formation, which includes listing fees, rose 12%.

TMX also completed two purchases this quarter: Cboe Australia, a securities exchange that lists and trades exchange-traded funds and will be renamed TMX Australia Exchange; and RAFI Indices, which builds and licenses more than 90 investment indexes.

Sources: TMX Group · Yahoo Finance (TMX Group press release) · TSX: Mining · TMX Group: Cboe Australia · TMX Group: RAFI Indices