The TMX Group announced May 2011 trading statistics today for its diversified group of exchanges – Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange and Natural Gas Exchange (NGX).  Here are some of the highlights:

-         Montreal Exchange achieved a monthly record in average daily volume in May 2011, with 259,745 contracts during the month.  

-         MX also experienced a record in average daily volume during May 2011 on the Three-Month Canadian Bankers’ Acceptance Futures contract (BAX), with volume reaching 99,673 contracts.

-         Total volume on MX increased 25% compared to the May 2010 and 17% percent compared to last month. Open interest contracts in May 2011 were up 4% over April 2011, and 35% compared to May 2010.

-         TSX Venture Exchange transactions and volume were both up 118% and 44% respectively compared to the same period a year earlier.

-         Volume was up 13% compared to May 2010, though was down somewhat compared to April 2011.

-         Transactions on the Exchange were up 97% in May 2011 compared to the same month in 2010, though were down compared to April 2011.

-         Toronto Stock Exchange trading volume and transactions both increased by 7% compared to the first five months of 2010.

-         Transactions on the exchange were up 5% in May 2011 compared to April 2011, while trading volume was down slightly compared to the previous month.

-         NGX May 2011 total volume surpassed April 2011 levels by 3%, though it was down slightly compared to the same month in 2010. Year-to-date, volume on NGX continues to exceed 2010 levels.

For the full report, please visit: http://www.tmx.com/en/pdf/month_stats/TradingStats_May11.pdf