Toronto Stock Exchange operator TMX Group , which recently announced it would embrace a C$3.8 billion takeover offer by a Canadian consortium, reported a 21 percent rise in quarterly profit ahead of estimates, helped by higher revenue from derivative markets trading.Third-quarter net income was C$67 million ($65.9 million), or 90 Canadian cents per share, compared with C$55.2 million, or 74 Canadian cents per share, a year ago.On an adjusted basis, the company earned 92 Canadian cents a share.Revenue rose 15 percent to C$167.8 million.
TMX Group Inc. is an integrated, multi-asset class exchange group. Shares of X remained unchanged at $44.35. In the past year, the shares have traded as low as $30.96 and as high as $45.69. On average, 169609 shares of X.TO exchange hands on a given day and today's volume is recorded at 41073.
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