TORONTO – TMX Group Ltd. (TSX:X) plans to eliminate 100 positions over the next 12 months as part of its integration of two recently acquired businesses under a new ownership structure.

The stock exchange operator’s president and chief executive, Thomas Kloet, revealed the job cuts in a quarterly conference call with analysts.

TMX Group had about 1,300 employees overall at the end of September, including about 400 that recently joined the Toronto-based company.

Kloet says the top priority for TMX Group in the coming months will be the integration of the Alpha Trading and CDS businesses into the overall organization.

TMX Group acquired Alpha and CDS as part of a larger deal that saw members of the Maple Group become the largest shareholder bloc at the company, which owns the Toronto Stock Exchange and other financial markets.

TMX reported Friday that it had $15.3 million of net income, or 53 cents per share, attributable to TMX Group Ltd. shareholders and $113.4 million of revenue over the two months following the reorganization.

The earnings include 14 cents per share of costs related to the Maple process and 18 cents per share related to the related acquisition activity.

For the full three-month quarter, TMX Group Ltd.’s revenue was $162.3 million.

The revenue was down about $5.5 million compared with a year earlier when the original TMX Group Inc. alone generated $167.8 million of revenue.

Revenue from the recently acquired Alpha Trading business was $3.2 million from the months of August and September while revenue from Canadian Depository for Securities Ltd. contributed $14.8 million over the same two months.

“Similar to other exchange operators around the world, continued global economic uncertainty and a decline in domestic and international capital market activity impacted TMX Group’s financial results in the third quarter of 2012,” TMX chief executive Thomas Kloet said in the financial report.

“Operationally, we advanced the company’s strategic imperatives and initiated the CDS and Alpha integrations. As we enter the final weeks of 2012, we remain focused on the execution of our business strategy and will enter 2013 with a strong and more globally competitive business focused on future growth.”