Montreal Exchange Achieves New Trading Volume Record On BAX™ Three-Month Canadian Bankers’ Acceptance Futures

TMX Group Inc. today announced that Montreal Exchange (MX), achieved a record of 285,500 contracts traded on the Three-Month Canadian Bankers' Acceptance Futures (BAX)* on August 4, 2011. This surpasses the previous record of 223,041 contracts traded set on February 27, 2007.

MX also reached a new open interest record on BAX, reaching 796,862 contracts. The previous record was set on May 26, 2011 with open interest of 699,569 contracts.

Year-to-date volume on the BAX as at August 4, 2011 is up 76% compared to 2010 levels.

*1 BAX contract = C$ 1 000,000 dollars.