Toronto Stock Exchange Tsx
The Toronto Stock Exchange (TSX) is Canada's largest stock exchange and the 3rd largest in North America. Globally it ranks as the 7th largest by market cap. It was previously known as the TSE until 2001 when it become a for-profit company. The following year (2002) the TSX acquired the Canadian Venture Exchange which was then renamed the TSX Venture Exchange or TSX-V. The parent company is called the TMX Group.
Above is a picture of the Original Toronto Stock Exchange building which is now built into the facade of the modern skyscraper of the Toronto-Dominion Center.
Until 1997 the Toronto Stock Exchange operated a trading floor, they switched to a more modern all electronic system to modernize and compete with its US counterparts like the NASDAQ.
The Toronto Stock Exchange is located in Toronto and is operated by the TMX Group. Listed on the exchange many of the resource companies that operate in North America, in fact the TSX has more resource stocks listed (oil and gas, mining) than any other exchange.
Trading hours are the same as all other exchanges, opening at 9:30am EST and closing at 4:00pm EST. There is also an extended hours session from 4:15pm to 5pm.
Milestones: The S&P/TSX index on May 11, 2007 traded above the 14,000 level for the first time.