Exchange (TMX) holds the distinction of being Canada’s oldest exchange, tracing its origins back to 1874 when it was established as the Montreal Stock Exchange. The decision to adopt the official name “MX” was driven by a recognition of the expanding significance of financial instruments beyond traditional stocks within its trading environment.
MX operates as a wholly owned subsidiary of TMX Group, and it stands as a comprehensive electronic exchange with a dedicated focus on fostering the growth of the Canadian derivative market. This commitment is underpinned by an extensive array of risk management products and services designed to cater to the diverse needs of both domestic and international retail and institutional investors.
As the sole derivative exchange in Canada, MX asserts its leadership across multiple facets of the financial derivative markets. This includes its prowess in information technology solutions, an extensive offering of risk management products, and the utilization of cutting-edge “next-generation” trading technologies, among other strengths. Impressively, MX’s electronic trading system boasts approvals from 64 market participants spanning a continually expanding list of countries.