Toronto Stock Exchange (TSX)

The Toronto Stock Exchange, or TSX, is a stock exchange located in Toronto, Ontario in Canada, and is one of the world's largest exchanges, with some 1,500 listings. The TSX lists securities denominated in Canadian dollars The TSX the most mining and oil and gas companies listed in the world and has a market cap of more than CA$2.5 trillion((http://www.tsx.com/resource/en/124 Retrieved 1 May 2015.)). The TSX is owned by TMX Group.

Toronto Stock Exchange History

The TSX was founded in 1861 by a small group of Toronto businessmen. Throughout the years, the TSX grew steadily until in merged with the Standard Stock and Mining Exchange. It moved into an Art Deco building in 1937, where it remained until 1983, when it moved into the Exchange Tower.((http://www.webcitation.org/6X6DbGnVi Retrieved 6 May 2015.)) The TSX moved to a computer-assisted trading system in 1977. In 2000, the TSX became a for-profit company, acquiring the Canadian Venture Exchange shortly thereafter.

Toronto Stock Exchange Products

The TSX's parent company offers trading through TSX, TSX Venture Exchange (TSXV), Alpha Exchange and TMX Select, with varying products and services attached. The TMX Quantum XA is the proprietary platform for trading on the exchanges.((http://www.tsx.com/trading/products-and-services/tmx-quantum-xa Retrieved 7 May 2015.))

Listed Companies

Major corporations listing on the TSX include:

  • Royal Bank of Canada RY:TSX
  • Toronto-Dominion Ban TD:TSXk
  • Valeant Pharmaceuticals International, Inc. VRX:TSX
  • Bank of Nova Scotia (The) BNS:TSX
  • Canadian National Railway Company CNR:TSX
  • General Motors Company GMM.U:TSX

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Russell Shor

Russell Shor

Senior Market Specialist

Russell Shor (MSTA, CFTe, MFTA) is a Senior Market Specialist at FXCM. He joined the firm in October 2017 and has an Honours Degree in Economics from the University of South Africa and holds the coveted Certified Financial Technician and Master of Financial Technical Analysis qualifications from the International Federation…

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