TSX Venture Exchange

In today's world, TSX Venture Exchange is a topic that has gained unprecedented relevance. With the advancement of technology and globalization, TSX Venture Exchange has become a point of interest for people of all ages and walks of life. From its impact on society to its implications in popular culture, TSX Venture Exchange is a topic that leaves no one indifferent. In this article, we will explore different aspects related to TSX Venture Exchange, from its origin to its possible future developments. Let yourself be carried away by this journey and discover how TSX Venture Exchange has marked a before and after in the world we live in.
TSX Venture Exchange
TypeStock exchange
LocationCalgary, Alberta, Canada
FoundedNovember 29, 1999
Websitewww.tsx.com

The TSX Venture Exchange is a stock exchange in Canada.[1] It is headquartered in Calgary, Alberta, with offices in Toronto, Vancouver, and Montreal. All trading through the Exchange is done electronically, so the Exchange does not have a "trading floor". It was previously known as the Canadian Venture Exchange (CDNX), but in 2001 the TSX Group (now known as the TMX Group) purchased it and renamed it.

The TMX Group also owns the Toronto Stock Exchange (TSX).[2] The Toronto Stock Exchange is the senior equity market, while the TSX Venture Exchange is a public venture capital marketplace for emerging companies.

As of November 2010, the TSX Venture Exchange had 2,364 listed companies with a combined market capitalization of $60,811,203,235.[3]

History

The Canadian Venture Exchange was created in Canada on November 29, 1999 as a result of an agreement among the Vancouver, Alberta, Toronto and Montreal exchanges to restructure the Canadian capital markets along the lines of market specialization.[4]

The CDNX was created by the merger of the Vancouver Stock Exchange (VSE) and the Alberta Stock Exchange (ASE). The focus of the CDNX was junior companies, i.e., those whose assets, business and market capitalization were too small to be listed on the Toronto Stock Exchange (TSX). Often, these were resource exploration companies, but also came to include new high technology ventures. The exchange had its corporate headquarters in Calgary, Alberta, and its Operations headquarters in Vancouver, British Columbia, with additional offices in Toronto and Montreal. The small-cap portion of the equities market of the Bourse de Montréal (MSE) was also merged into CDNX at this time.

The Winnipeg Stock Exchange merged into the CDNX, and trading on WSE securities ceased Nov 24 2000, and eligibile listings were transferred to CDNX on Nov 27 2000.[5]

See also

References

  1. ^ "TSX Venture Exchange". TSX.com. Retrieved 2019-11-23.
  2. ^ "TMX Group". TSX.com. Retrieved 2019-11-23.
  3. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2011-10-07. Retrieved 2010-12-08.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ "Practical Law CA (New Platform) Signon". signon.thomsonreuters.com. Retrieved 2019-11-23.
  5. ^ "Practical Law CA (New Platform) Signon". signon.thomsonreuters.com. Retrieved 2019-11-23.


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