- Toronto Stock Exchange
name = Toronto Stock Exchange
city = Toronto, Ontario
country = Canada
October 25, 1861
key_people = Tom Kloet (CEO)
Wayne Fox (Chairman)
currency = CAD
homepage = [http://www.tsx.com www.tsx.com]
The Toronto Stock Exchange (TSX; abbreviated "TSE" until 2001) is the largest
stock exchangein Canada, the third largest in North America and the seventh largest in the world by market capitalization. Based in Toronto, it is owned and operated by TSX Groupfor the trading of senior equities. A broad range of businesses from Canada, the United Statesand other countries are represented on the exchange. In addition to conventional securities, the exchange lists various exchange-traded funds, split share corporations, income trustsand investment funds. The TSX is a leader in the mining and oil & gas sector. More mining and oil & gas companies are listed on the TSX than any other exchange in the world. [TSX Group [http://www.tsx.com/] ]
The Toronto Stock Exchange likely descended from the "Association of Brokers", a group formed by Toronto businessmen on
July 26, 1852. No official records of the group's transactions have survived. On October 25, 1861, twenty-four men gathered at the Masonic Hall to officially create the Toronto Stock Exchange. The exchange was formally incorporated by an act of the Legislative Assembly of Ontarioin 1878.
The TSE grew continuously in size and in shares traded, save for a three month period in 1914 when the exchange was shut down for fear of financial panic due to
World War I. In 1934, the Toronto Stock Exchange merged with its key competitor the Standard Stock and Mining Exchange. The merged markets chose to keep the name Toronto Stock Exchange. In 1977, the TSE introduced CATS (Computer Assisted Trading System), an automated trading system that started to be used for the quotation of less liquid equities.
April 23, 1997, the TSE's trading floorclosed, making it the second-largest stock exchange in North America to choose a floorless, electronic (or virtual trading) environment. In 1999, the Toronto Stock Exchange announced the appointment of Barbara G. Stymiestto the position of President & Chief Executive Officer.
Through a realignment plan, Toronto Stock Exchange became Canada's sole exchange for the trading of senior
equities. The Bourse de Montréal/Montreal Exchange assumed responsibility for the trading of derivatives and the Vancouver Stock Exchange and Alberta Stock Exchange merged to form the Canadian Venture Exchange(CDNX) handling trading in junior equities. The Canadian Dealing Network, Winnipeg Stock Exchange, and equities portion of the Montreal Exchange later merged with CDNX.
In 2000, the Toronto Stock Exchange became a for-profit company and in 2001 its acronym was changed to TSXGovernment of Canada [http://canadianeconomy.gc.ca/english/economy/1878Toronto_Stock_Exchange.html The Toronto Stock Exchange] ] . In 2001, the Toronto Stock Exchange acquired the Canadian Venture Exchange, which was renamed the
TSX Venture Exchangein 2002. This ended 123 years of the usage of TSE as a Canadian Stock Exchange. On May 11, 2007, the S&P/TSX Composite, the main index of the Toronto Stock Exchange, traded above the 14,000 point level for the first time ever.
The TSX Group is the leader in the oil & gas sector - more oil & gas companies are listed on Toronto Stock Exchange (TSX) and TSX Venture Exchange than any other exchange in the world. At the end of June 30, 2007, there were 434 oil & gas companies with a total market capitalization of $544.9 billion listed on Toronto Stock Exchange and TSX Venture Exchange. Oil & gas companies continue to raise equity on these exchanges with $5.56 billion raised in the first half of 2007, and $10.5 billion raised in 2006. Over 10 billion oil & gas shares, valued at $169.2 billion, traded on Toronto Stock Exchange and TSX Venture Exchange in the first half of 2007.
The exchange has a normal trading session from 09:30am to 04:00pm and a post-market session from 04:15pm to 05:00pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance. 
Companies traded on the TSX
List of companies listed on the Toronto Stock Exchangefor a complete list."
The TSX is the home to all of Canada's Big Five commercial banks, including:
CIBC, Bank of Montreal, Bank of Nova Scotia, Royal Bank of Canadaand the Toronto-Dominion Bank, making the Exchange the centre for banking in the country. This was seen as being most evident during the proposed mergers of Royal Bank of Canadaand Bank of Montrealalongside CIBCand Toronto-Dominion Bankin 1998, which were seen as stopping competition by the then Finance Minister Paul Martin.
The exchange is the primary listing for several energy companies including;
Cameco Corporation, Canadian Natural Resources Ltd., Canadian Oil Sands Trust, EnCana Corporation, Husky Energy Inc., Imperial Oil Ltd.and Nexen Inc.all within the top 40 companies listed in on the exchange.
Stock market index
List of stock exchanges
List of American stock exchanges
List of companies listed on the Toronto Stock Exchange
* [http://www.tsx.com/ Official site]
* [http://canadianeconomy.gc.ca/english/economy/1878Toronto_Stock_Exchange.html TSX history]
* [http://www.emporis.com/en/wm/bu/?id=112596 The Exchange Tower on Emporis.com]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Toronto Stock Exchange — TSX Toronto Stock Exchange Inc. Rechtsform Aktiengesellschaft ISIN CA87261X1087 … Deutsch Wikipedia
Toronto Stock Exchange — Bourse de Toronto La Bourse de Toronto (Toronto Stock Exchange, en anglais, abrégé en TSX ou précédemment en TSE) est le plus grand marché boursier au Canada, le troisième en importance en Amérique du Nord et le septième au monde en… … Wikipédia en Français
Toronto Stock Exchange — ▪ stock exchange, Toronto, Canada the largest stock exchange in Canada and one of the largest in North America. The TSE opened in 1861 with 18 stock listings and has since become an innovator in securities trading technology. It was the… … Universalium
Toronto Stock Exchange — (TSX ) Canada s largest stock exchange, trading approximately 1,200 company stocks and 33 options. Bloomberg Financial Dictionary … Financial and business terms
Toronto Stock Exchange - TSX — The largest stock exchange in Canada. The Toronto Stock Exchange (TSX) was established in 1852 and formally incorporated in 1878. The exchange is located on Bay Street in Toronto and is owned and operated by the TMX Group. The Toronto Stock… … Investment dictionary
Toronto Stock Exchange 300 Index — Canadian form of a S&P 500. Bloomberg Financial Dictionary … Financial and business terms
Companies listed on the Toronto Stock Exchange (I) — Toronto Stock Exchange listed stocks: 0 9 A B C D E F G H I J K L M N O P Q R S T U V W … Wikipedia
Companies listed on the Toronto Stock Exchange (P) — Toronto Stock Exchange listed stocks: 0 9 A B C D E F G H I J K L M N O P Q R S T U V W … Wikipedia
Companies listed on the Toronto Stock Exchange (T) — Toronto Stock Exchange listed stocks: 0 9 A B C D E F G H I J K L M N O P Q R S T U V W … Wikipedia
Companies listed on the Toronto Stock Exchange (C) — Toronto Stock Exchange listed stocks: 0 9 A B C D E F G H I J K L M N O P Q R S T U V W … Wikipedia