TMX Group Limited
TMX Group Limited (TSX: X) is trading at CA$52.43, about ₹3,547 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 2.00% today. Indian residents can buy TMX from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$52.38
Today's high
CA$53.34
52 week low
CA$44.10
52 week high
CA$57.27
X opened at CA$53.03, closed previously at CA$53.50, and has traded between CA$44.10 and CA$57.27 over the past 52 weeks.
About
TMX Group Limited is a major global player operating a network of exchanges, markets, and clearinghouses primarily dedicated to capital markets, both within Canada and internationally. The company organizes its business into four distinct segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment offers comprehensive equity and index data, alongside integrated datasets, to support proprietary and third-party analytics that aid clients in their trading and investment decisions. This division also furnishes solutions for European and global wholesale energy markets, facilitating price discovery, trade execution, post-trade transparency, and streamlined processing. Within the Capital Formation segment, TMX Group manages the Toronto Stock Exchange, Canada's premier stock exchange for established public companies, and the TSX Venture Exchange, which caters to the public venture equity market. This segment additionally includes TSX Trust, providing a suite of services such as corporate trust administration, registrar duties, transfer agency, and foreign exchange. The Derivatives Trading and Clearing segment oversees the Montreal Exchange, a national platform for derivatives, and the Canadian Derivatives Clearing Corporation, which functions as a clearinghouse for options and futures contracts. This segment also handles various over-the-counter (OTC) products and fixed income repurchase agreements. Lastly, the Equities and Fixed Income Trading & Clearing segment is responsible for the trading operations across the Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange. It also manages the clearing and settlement processes for both equity and fixed income transactions, provides securities custody, and offers inter-dealer brokerage services for fixed income. Established in 2011, the company was initially known as Maple Group Acquisition Corporation before adopting the name TMX Group Limited in August 2012. Its corporate headquarters are located in Toronto, Canada.
Key statistics
Avg. volume
821.17K
Market cap
CA$14.48B
P/E Ratio
24.16
Price-to-sales ratio
7.82
Enterprise value
CA$16.10B
Free cash flow yield
3.90%
Debt-to-equity ratio
0.42
Return on equity
8.74%
ROIC
7.07%
Beta
0.04
Dividend yield
1.83%
Last dividend
CA$0.96
Financial overview
Revenue
CA$1.72B
Earnings per share
CA$1.49
Free cash flow
CA$566.60M
Net profit margin
32.55%
Gross margin
67.65%
EBITDA
CA$2.12B
Revenue growth
17.61%
Similar securities
This is not an investment recommendation
How to buy TMX from India
Indian residents can buy TMX shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for TMX and place an order
Find TMX by name or by its ticker, X, and choose an order type. TMX trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your TMX position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in TMX from India
Trading and taxes when buying TMX from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. TMX’s current yield is 1.83%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy TMX stock?
Yes. TMX (X) has been listed on the Toronto Stock Exchange since 2003, in the Financial - Data & Stock Exchanges industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one TMX share cost in rupees?
One TMX share is CA$52.43 — about ₹3,547 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the TMX price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying TMX from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on TMX shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the TMX price. Paasa issues a capital-gains statement for your return.
Does TMX pay a dividend, and how is it taxed in India?
Yes. TMX pays a dividend and the current yield is 1.83%; the last declared dividend was CA$0.96 per share, about ₹64.94. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade TMX from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare TMX shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your TMX holding, its cost and its closing value.
How do I sell TMX and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on TMX?
Yes. TMX is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.