Correspondent, Toronto, Canada
Alastair's Feed
May 21, 2014
May 21, 2014
May 21, 2014
May 21, 2014
May 20, 2014
May 20, 2014
May 20, 2014
May 13, 2014
May 13, 2014
May 9, 2014

Toronto Stock Exchange parent’s profit rises 23 percent

TORONTO (Reuters) – TMX Group Ltd (X.TO: Quote, Profile, Research, Stock Buzz), the operator of the Toronto Stock Exchange, reported a 23 percent rise in first-quarter profit on Friday as a budding recovery in trading activity picked up speed.

The company said higher trading and clearing volumes were complemented by cost savings and lower financing costs after restructuring its long-term debt last year.

    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      2007
      Languages:
      English, Arabic
    • More from Alastair

    • Contact Alastair

    • Follow Alastair