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Retail investors taking risk off table amid move into high-quality stocks: TMX CEO

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Investors were interested in the TSX heavyweight sectors such as financials and energy, on both the equity and options side, says John McKenzie From m_zadikian

Investors were interested in the TSX heavyweight sectors such as financials and energy, on both the equity and options side, he says.

Retail trading revenues make up a very small fraction of TMX's revenue, McKenzie says, but adds that it's a very important part of the overall financial market because "it's where a lot of the price discovery happens." 2023 has so far proven to be much more muted with markets rallying for now, aside from a tech sector rout.

 

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