TMX Group Consolidated Trading Statistics – January 2020 Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange

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February 6, 2020 (TORONTO) – TMX Group Limited today announced January 2020 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange.

All TMX Equities Marketplaces *

January 2020 December 2019 January 2019 Volume 11,331,638,788 10,391,299,636 12,350,857,816 Value $167,626,118,276 $153,051,078,604 $164,831,920,274 Transactions 21,644,710 19,258,610 25,229,288

Daily Averages Volume 515.1 million 532.9 million 561.4 million Value $7,619.4 million $7,848.8 million $7,492.4 million Transactions 983,850 987,621 1,146,786

Year-to-date Statistics 2020 2019 % Change Volume 11,331,638,788 12,350,857,816 -8.3 Value $167,626,118,276 $164,831,920,274 +1.7 Transactions 21,644,710 25,229,288 -14.2

Daily Averages Volume 515.1 million 561.4 million -8.3 Value $7,619.4 million $7,492.4 million +1.7 Transactions 983,850 1,146,786 -14.2

Toronto Stock Exchange

January 2020 December 2019 January 2019 Volume 7,275,354,273 6,802,118,601 7,990,355,787 Value $152,000,718,018 $138,994,669,895 $147,000,956,293 Transactions 18,801,192 16,680,479 21,752,616 S&P/TSX Composite Index Close ^ 17,318.49 17,063.43 15,540.60

Daily Averages Volume 330.7 million 348.8 million 363.2 million Value $6,909.1 million $7,127.9 million $6,681.9 million Transactions 854,600 855,409 988,755

Year-to-date Statistics 2020 2019 % Change Volume 7,275,354,273 7,990,355,787 -8.9 Value $152,000,718,018 $147,000,956,293 +3.4 Transactions 18,801,192 21,752,616 -13.6

Daily Averages Volume 330.7 million 363.2 million -8.9 Value $6,909.1 million $6,681.9 million +3.4 Transactions 854,600 988,755 -13.6

TSX Venture Exchange*

January 2020 December 2019 January 2019 Volume 3,092,659,322 2,709,381,963 3,334,491,855 Value $1,117,190,484 $828,847,951 $1,677,946,392 Transactions 589,048 450,467 832,134 S&P/TSX Venture Composite Index Close ^ 575.18 577.54 622.72

Daily Averages Volume 140.6 million 138.9 million 151.6 million Value $50.8 million $42.5 million $76.3 million Transactions 26,775 23,101 37,824

Year-to-date Statistics 2020 2019 % Change

Volume 3,092,659,322 3,334,491,855 -7.3 Value $1,117,190,484 $1,677,946,392 -33.4 Transactions 589,048 832,134 -29.2

Daily Averages Volume 140.6 million 151.6 million -7.3 Value $50.8 million $76.3 million -33.4 Transactions 26,775 37,824 -29.2

TSX Alpha Exchange

January 2020 December 2019 January 2019 Volume 963,625,193 879,799,072 1,026,010,174 Value $14,508,209,774 $13,227,560,758 $16,153,017,589 Transactions 2,254,470 2,127,664 2,644,538

Daily Averages Volume 43.8 million 45.1 million 46.6 million Value $659.5 million $678.3 million $734.2 million Transactions 102,476 109,111 120,206

2 Year-to-date Statistics 2020 2019 % Change Volume 963,625,193 1,026,010,174 -6.1 Value $14,508,209,774 $16,153,017,589 -10.2 Transactions 2,254,470 2,644,538 -14.7

Daily Averages Volume 43.8 million 46.6 million -6.1 Value $659.5 million $734.2 million -10.2 Transactions 102,476 120,206 -14.7

Montreal Exchange

January 2020 December 2019 January 2019 Derivatives Volume (Contracts) 10,508,490 9,314,155 9,205,773 Open Interest (Contracts) 7,464,650 7,514,864 6,595,813

Year-to-date Statistics 2020 2019 % Change Volume (Contracts) 10,508,490 9,205,773 +14.2 Open Interest (Contracts) 7,464,650 6,595,813 +13.2

*Includes NEX

All figures are as January 31, 2020. Because certain trades do not settle on the trade date, figures may be subject to change until all January trades are finalized. The previous month’s data has been updated to reflect known trade corrections.

TMX Group does not guarantee either the completeness or the accuracy of this information. The information contained in this media release is provided for informational purposes only and you agree not to rely upon the information contained in this media release for any trading, business, or financial purposes. By using this media release, you expressly agree to the condition that TMX Group assumes no liability or responsibility for any errors or inaccuracies in this media release.

^The S&P/TSX Indices are products of S&P Dow Jones Indices LLC (“SPDJI”) and TSX Inc. (“TSX”). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and TSX® is a registered trademark of TSX. SPDJI, Dow Jones, S&P and TSX do not sponsor, endorse, sell or promote any products based on the Indices and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions or interruptions of the Indices or any data related thereto.

About TMX Group (TSX:X)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key

3 international markets including London and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.

For more information please contact:

Catherine Kee Senior Manager, Corporate Communications & Media Relations TMX Group 416-814-8834 [email protected]