MX posts solid Q3, increases BOX stake

Montreal Exchange (MX) announced a 30% increase in profits in the third quarter, largely on a sharp rise in volume growth. The exchange also divulged that it would take a larger equity stake in Boston Options Exchange (BOX).

MX posted net earnings of $5.9m, up from $4.5m a year earlier and revenues of $19.9m, up 20% from...