TSX Group Inc. today reported its third-quarter profit rose 16% due to higher revenue and investment income although expenses also increased.

The company, which owns the Toronto Stock Exchange and TSX Venture Exchange, had net income of $33.2 million, or 48¢ a share, in the quarter ended September 30. That was up from a profit of $28.7 million, or 42¢ per share, in the year-before period.

Revenue rose 8% to $81.2 million, driven by increased listing fees and market data revenue, but offset by a decline in trading revenue.

TSX said that, following a review of listing fees on other major global exchanges, there will be changes to the fee structure for issuers listed on the Toronto Stock Exchange and TSX Venture Exchange from the beginning of 2007. It gave no details.

Richard Nesbitt, Chief Executive Officer of TSX Group, said

“We have demonstrated that we can continue to grow our overall business while implementing important changes in our fee structure that are beneficial to our
customers. We believe that these will drive positive results over time,” said Richard Nesbitt, TSX Group CEO, in a news release.