an increase in derivatives trading revenue offsetting a decline in cash market trading and listing revenue. The Montreal Exchange had a nearly 10% increase in volume from the previous year, while the Boston Options Exchange had a 55% volume
for XGD. Intrepid investors should also note that XGD sports a relatively deep and active option market on the TMX Montreal Exchange that many traders could find suitable for speculation and/or hedging purposes. This fund takes positions in financial
contributed more to the sequential revenue growth than the Montreal Exchange . BOX volumes increased 68% sequentially versus just 3% growth at the Montreal Exchange . The 68% sequential growth is also impressive compared
was up only 4%, as a decrease in the company's U.S. options business offset the strong performance of the Montreal Exchange . Though TMX's cash equity market trading revenue and market share continue to be under pressure--for example
Revenues were also flat versus the first quarter of 2009 , as improvement in TSX Venture Exchange volumes and the Montreal Exchange were offset by lower volumes at the Toronto Stock Exchange , lower Boston Options Exchange volumes , and equity trading
flat with the last quarter, the decrease in net income can be traced to a $5 million decrease in the company's trading and clearing revenue caused by trading volume declines at the Toronto Stock Exchange, Montreal Exchange , and BOX.
through TMX Group's first-quarter results, we are sticking to our fair value estimate. The firm acquired the Montreal Exchange in the second quarter of 2008. As a result, we think year-over-year comparisons of the firm's most recent
increased 19% and diluted earnings increased 6%. The main driver of this solid growth was the acquisition of the Montreal Exchange , which was completed during the second quarter. However, TMX was not immune to the chaos in the capital markets
on equity was more than 20% for the quarter. During the quarter, TSX Group completed its combination with the Montreal Exchange and subsequently changed its name to TMX Group. While year-over-year revenue was up significantly because of
agreement for a new Canadian derivatives exchange. This nonrecurring fee is a byproduct of TSX Group's merger with the Montreal Exchange , which closed Thursday. Despite considerable capital markets volatility and an uncertain credit environment, TSX