TMX Group announced that the average daily transaction volume in January exceeded 1 billion

Photo: Wikifx

TMX Group (TMX Group Limited) is the operator of the Toronto Stock Exchange and four other exchanges. The group recently reported its aggregate trading index for January 2021. This trading index is rising month by month. Trending.

The average daily volume (ADV) of TMX and all of its markets in January was 1.2 billion contracts. ADV increased by 19% from the US$865 million in December last year and increased by 100% from the 515 million transactions in January 2019.

The average daily transaction volume in January was US$11.3 billion, an increase of 5.6% from the US$10.7 billion in December last year. Compared with the same period last year, the transaction volume increased by 49%.

TMX Group and its subsidiaries provide cash transactions and derivatives transactions across multiple asset classes, including stocks, fixed income and energy.

Since TMX Group launched its first cryptocurrency brokerage service through its subsidiary Shorcan Digital Currency Network, the company has become increasingly active in the cryptocurrency business.

Recently, Australia-based digital payment infrastructure provider Banxa was approved by Canadian regulators in December and subsequently listed on the local stock exchange.

At the same time, because the climate is conducive to the effective operation of crypto mining machines, Canada is very attractive to Bitcoin mining companies.

Reprinted from Wikifx, the copyright all reserved by the original author.