CatalystMacro
TMX plans TSX Alpha extended hours in spring 2027 while guiding leverage peak at 3.1x-3.2x
TMX targets spring 2027 extended hours launch with leverage peak guidance of 3.1x-3.2x.
Context
What happened: TMX Group discussed plans for TSX Alpha extended hours in spring 2027 and guided to a leverage peak of 3.1x to 3.2x on its Q3 2026 earnings call.
Key numbers: Leverage peak guided at 3.1x to 3.2x; TSX Alpha extended hours planned for spring 2027; Q3 2026 showed double-digit year-over-year growth in overall revenue and adjusted earnings per share.
Why it matters: CEO John McKenzie called Q3 another excellent quarter, citing standout performances across the enterprise and double-digit growth in revenue and adjusted earnings per share.
What changed
TMX Group discussed plans for TSX Alpha extended hours in spring 2027 and guided to a leverage peak of 3.1x to 3.2x on its Q3 2026 earnings call.
Why it matters
CEO John McKenzie called Q3 another excellent quarter, citing standout performances across the enterprise and double-digit growth in revenue and adjusted earnings per share.