The TSX Group Inc. released its first-quarter results today, with revenue up 26% year-over-year from the same period last year, to $88 million from $.69.7 million and net income increasing a whopping 50% to $34.7 million from $23.1 million.

“We had an excellent start to 2006 with continued strength across the business. The S&P/TSX Composite Index reached a new high,” says Richard Nesbitt, CEO of TSX Group. “Our performance continued to reflect the growth of our core business with new records being set for the value of securities traded, the number of transactions on our equity exchanges, as well as the number of market data subscriptions. Natural Gas Exchange also achieved record volumes in energy trading for Q1/06.”

Adds Michael Ptasznik, chief financial officer: “We continue to be successful in aggressively managing our cost base which has produced significant operating leverage as revenues continued to grow.”