Montreal Exchange launches SXM™ Mini Futures Contract

Contract trades on the S&P/TSX 60™ Index

MONTREAL, May 24, 2011 /CNW/ - Montreal Exchange Inc., a wholly-owned subsidiary of TMX Group Inc., today announced that it has successfully launched the SXM™ Mini Futures contract on the S&P/TSX 60™ Index.

The SXM™ Mini Futures contract represents one quarter of the value of the current S&P/TSX 60™ Index Standard Futures contract (SXF™), offering a smaller capital alternative.

The contract provides a new trading opportunity that can be used by a wide range of investors, including individual investors, who may find it particularly attractive due to its small notional size.

"We are very pleased to further diversify our product offering with the introduction of the new SXM™ Mini Futures contract," said Alain Miquelon, President, Montreal Exchange. "The SXM™ contract was designed with retail investors in mind, and we are pleased to offer a new product geared towards this market segment."

Trading of the SXM™ Mini Futures contract commences with the June 2011 contract (M11), with regular quarterly expiries going forward. The contract trades during an early session from 6:00 a.m. - 9:15 a.m. (ET), and a regular session from 9:30 a.m. - 4:15 p.m. (ET). The contract is cash settled against the opening level of the underlying S&P/TSX 60™ on the third Friday of the expiration month.

For more information about the SXM™ Mini Futures contract, please visit: www.m-x.ca

About TMX Group (TSX-X)

TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (Houston, Boston and Chicago) as well as in London. For more information about TMX Group, visit our website at www.tmx.com.

SOURCE TMX GROUP INC.

For further information:

Aimee Paget
Communications Coordinator
TMX Group
416-947-4685
aimee.paget@tmx.com

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TMX GROUP INC.

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