Toronto Stock Exchange
Type | Stock exchange |
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Location | Toronto, Ontario, Canada |
Coordinates | 43°38′53.88″N 79°22′59.88″W / 43.6483000°N 79.3833000°W |
Founded | 25 October 1861 |
Owner | TMX Group |
Key people | John McKenzie (CEO, TMX Group)
Loui Anastasopoulos (CEO, Toronto Stock Exchange and Global Head, Capital Formation) |
Website | www |
The Toronto Stock Exchange (TSX;
History
Beginnings
The Toronto Stock Exchange likely descended from the Association of Brokers, a group formed by Toronto businessmen on July 26, 1852.
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
Meanwhile, a British Columbia gold rush in the 1890s stimulated the demand for start-up capital but Montreal and Toronto's exchanges deemed the ventures too risky. The boom was handled with the Toronto Stock and Mining Exchange, founded in 1896 and which merged with its rival Standard Stock and Mining Exchange in 1899. The SSME, after years of ups and downs, was amalgamated into the Toronto Stock Exchange in 1934. While a durable surge in mining trading was recorded in Toronto (either securities) or other publicly listed assets, in Montreal the volume of the equity-centric market was going down. Toronto found itself a reputation as a financial centre for mining and from 1934, the total trading volume on the TSE surpassed that of Montreal's.[6]: 13
A major exchange
The TSE moved on Bay Street in 1913[4] and in 1937 opened a new trading floor and headquarters in an Art Deco building, still on Bay.[7] By 1936, the Toronto Stock Exchange grew to become the third largest in North America.[4]
In 1977, it launched the
In 1999, through a major realignment plan, Toronto Stock Exchange became Canada's sole exchange for the trading of senior
TMX Group era
In 2001, the Toronto Stock Exchange acquired the Canadian Venture Exchange, which was renamed the
On February 9, 2011, the
Operations
The exchange has a normal trading session from 09:30am to 04:00pm ET and a post-market session from 4:15pm to 5:00pm ET on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[15]
Companies listed
This section needs additional citations for verification. (October 2017) |
Toronto Stock Exchange listed stocks: |
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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 - X - Y - Z |
As of January 2024,[update] the Toronto Stock Exchange had 1,811 listed issuers (including ETFs and other structured financial products) with a combined market capitalization of CAD $4.16 trillion. [16] Up from 1,798 listed issuers and a combined market capitalization of CAD $4.0 trillion as of March 2023. [17] By the end of January 2024, the total market capitalization of companies listed on TSX & TSXV reached CAD $4.23 trillion.[18]
The exchange is home to all of Canada's
The exchange is the primary listing for a number of energy companies including;
Many of the large companies listed on the TSX, especially those on the S&P/TSX 60 index, have a secondary listing on an American exchange such as the New York Stock Exchange.
See also
- Stock market index
- System for Electronic Document Analysis and Retrieval(SEDAR)
- List of stock exchanges
- List of stock exchanges in the Americas
- List of stock exchange mergers in the Americas
- List of stock exchanges in the Commonwealth of Nations
- S&P/TSX 60
- Category:Lists of companies listed on the Toronto Stock Exchange
References
- ^ "TMX - Senior Management". tmx.com.
- ^ "The MiG Report - January 2024". TSX.com. Retrieved February 16, 2024.
- ^ "The MiG Report - January 2024". TSX.com. Retrieved February 16, 2024.
- ^ a b c d e f g h i "Timeline: 160 years of the Toronto Stock Exchange". Financial Post. Retrieved 2018-09-23.
- ^ a b Government of Canada The Toronto Stock Exchange
- ^ a b c Martin, Joe. "How Toronto Became the Financial Capital of Canada: The Stock Market Crash of 1929" (pdf). Rotman School of Management, University of Toronto.
- ^ a b Taylor, Doug (15 June 2012). "Toronto's architectural gems–the Design Exchange (The original Toronto Stock Exchange)". Historic Toronto. Archived from the original on 31 December 2014. Retrieved 17 March 2015.
- ^ "TMX Group History at a Glance" (PDF).
- ^ "TSX back up after technical glitch causes lost trading day". CP24. 2008-12-18. Retrieved 2019-06-16.
- ^ "LSE, Toronto exchange in "merger of equals"". 2011-02-09. Archived from the original on 2017-06-11. Retrieved 2011-02-10.
- ^ "Merger Of Equals Will Make Deal More Palatable For Canada Govt". 2011-02-09. Archived from the original on February 11, 2011.
- ^ Wall Street Journal, "A Combined TMX-LSE Would Be Called LTMX Group", Ben Dummett, 1 June 2011
- ^ Erman, Boyd; Howlett, Karen (2011-06-29). "Shareholder Reject Proposed Merger of TMX and LSE". The Globe and Mail. Toronto. Archived from the original on 2011-07-04.
- ^ Erman, Boyd (2011-06-28). "What Did Bank of Canada Really Say about TMX-LSE?". The Globe and Mail. Toronto. Archived from the original on 2011-07-01.
- ^ Market Hours, Toronto Stock Exchange via Wikinvest
- ^ "The MiG Report - January 2024". TSX.com. Retrieved February 16, 2024.
- ^ "TMX Group Equity Financing Statistics - March 2023 - TMX Group Ltd". TMX Group. Retrieved June 6, 2023.
- ^ "The MiG Report - January 2024". TSX.com. Retrieved February 16, 2024.
- ^ "Bank mergers bad for Canadians: Martin". CBC.ca. Retrieved June 26, 2023.