Investor Relations

Frequently Asked Questions

What is TMX Group?
Are dividends paid on TMX Group's common shares "eligible dividends" for tax purposes?
What are the main sources of revenue for TMX Group?
What are the TMX Group growth strategies?
What is TMX Group's position regarding acquisitions?
What is NGX?
Why did TMX Group restate its earnings?
When is TMX Group's fiscal year end?
Where are TMX Group shares traded?
What is the CUSIP® number?
Who is the transfer agent?
How do I access public filings?
How do I get a historical share price?
How do I contact a TMX Group Investor Relations representative?

What is TMX Group?

TMX Group owns and operates Canada's two national stock exchanges - Toronto Stock Exchange serving the senior equity market, and TSX Venture Exchange serving the public venture equity market - as well as NGX, a leading North American exchange for the trading and clearing of natural gas and electricity contracts. In addition, TMX Group has a 47% equity interest in CanDeal.ca Inc., an electronic platform for the trading of fixed income securities.

Are dividends paid on TMX Group's common shares "eligible dividends" for tax purposes?

TMX Group hereby advises that the dividend to be paid on TMX Group's common shares on February 28, 2007 to shareholders of record as of February 14, 2007 is an "eligible dividend" in accordance with the Canada Revenue Agency release dated December 20, 2006 (the "Release").

For more information regarding the designation of dividends, please refer to the Release. Shareholders with questions regarding the tax treatment of dividends should consult with their own tax advisors or contact their local office of the Canada Revenue Agency and where applicable, the provincial taxation authorities.

What are the main sources of revenue for TMX Group?

TMX Group derives its revenue primarily from three integrated activities: listings, trading and data.

Listings

TMX Group's equity exchanges list securities of Canadian and non-Canadian issuers including corporations, exchange-traded funds, income trusts, limited partnerships and split share corporations.

Trading

Brokerage firms, acting as principals or agents for retail and institutional investors, place orders to buy or sell listed securities using TMX Group's fully electronic trading system. NGX provides customers with an electronic platform for the trading and clearing of natural gas and electricity contracts.

Data

Through TSX Datalinx, TMX Group sells trading and quotation data (real-time and historical) from multiple exchanges, ATS and OTC markets; corporate information, news and other data products to market participants on a global basis.

What are the TMX Group growth strategies?

Enhance the Core Business

To maintain its pre-eminent position in the Canadian capital market, TMX Group intends to further expand its product and service offerings with increased customer focus, to address the changing needs of issuers, intermediaries and investors.

Extend our Pre-eminent Domestic Position

TMX Group will also seek growth opportunities through diversification, both horizontally and vertically, into related markets and exchange-related services in which it has competitive advantages and can capitalize on its strengths.

Geographic Expansion

TMX Group will look for ways to grow the business and expand beyond the borders of Canada.

What is TMX Group's position regarding acquisitions?

To achieve profitable growth and maximize shareholder returns, the company will pursue its strategies organically and through new acquisitions, strategic alliances and investments. Since demutualizing in 2000, TMX Group has invested in the venture, fixed income and energy markets.

What is NGX?

On March 1, 2004, TMX Group acquired NGX, a Canadian-based energy exchange that provides customers with an electronic platform for the trading and clearing of natural gas and electricity contracts. NGX generates trading and clearing revenue by applying fees to all transactions based on the contract volume traded and/or centrally cleared through the exchange, and charges a monthly fixed subscription fee to each trading customer who utilizes the exchange.

Click here to be taken to the NGX web site and learn more.

Why did TMX Group restate its earnings?

TMX Group retroactively changed its revenue recognition policy for initial listing fees and additional listing fees to comply with the Canadian Institute of Chartered Accountants' Emerging Issues Committee Abstract - 141 ("EIC-141") related to revenue recognition. EIC-141 specifies that certain non-refundable fees be deferred and recognized systematically over future accounting periods. EIC-141 was effective for fiscal years commencing on or after January 1, 2004. Before the adoption of EIC-141, non-refundable fees were recognized at the time such fees were received.

TMX Group changed the way it reported revenue from these fees to conform with the evolving interpretation under Canadian generally accepted accounting principles regarding revenue recognition.

Further information is contained in our 2005 Third Quarter Report to Shareholders.

When is TMX Group's fiscal year end?

December 31.

Where are TMX Group shares traded?

TMX Group common shares are listed on Toronto Stock Exchange under the symbol X.

What is the CUSIP® number?

The CUSIP is the numbering system for securities instruments. Each Canadian or American security issue is assigned a unique number for clearing and settlement purposes. The CUSIP number for TMX Group securities trading on Toronto Stock Exchange is 87261X108.

Who is the transfer agent?

CIBC Mellon Trust Company
Toll free - North America: (800) 387-0825
Answer Line - Toronto only: (416) 643-5500
E-mail: inquiries@cibcmellon.com

How do I access public filings?

SEDAR is the System for Electronic Document Analysis and Retrieval. Since January 1, 1997, this electronic filing system has been used for the disclosure of documents of public companies and mutual funds across Canada. All Canadian public companies and mutual funds are required to file their documents through SEDAR. To find out more about SEDAR visit www.sedar.com, or to access TMX Group public filings click here

How do I get a historical share price?

TMX Group Investor Relations site provides interactive historical share performance charting on the Share Information page.

How do I contact a TMX Group Investor Relations representative?

Paul Malcolmson
Director, Investor and Government Relations
TMX Group

Shane Quinn
Manager, Investor Relations
TMX Group

(416) 947-4277
shareholder@tsx.com

Forward-Looking Information

Certain statements made under "Frequently Asked Questions" may constitue forward-looking information, which are not historical facts but are based on certain assumptions and reflect TMX Group's current expectations. Please see Forward-Looking Information.