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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TMX Group sees revenue, earnings rise in fourth quarter of 2022, full yearTMX Group reports revenue for the fourth quarter was $274.1 million, up nine per cent from $252.4 million a year earlier
Source: globeandmail - 🏆 5. / 92 Read more »

TMX Group sees revenue, earnings rise in fourth quarter of 2022, full year - BNN BloombergTMX Group says its revenue and earnings rose in the fourth quarter of 2022 compared to the same period last year, and announced an increase to its dividend of five per cent to 87 cents per common share.
Source: BNNBloomberg - 🏆 83. / 50 Read more »