Canadian Venture Exchange
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Canadian Venture Exchange (CDNX)
The Canadian marketplace for trading securities of emerging companies. The CDNX resulted from a merger of the Alberta Stock Exchange and the Vancouver Stock Exchange following a 1999 agreement among Canada's four exchanges to form three specialized exchanges. The exchange specializes in trading small- and medium-cap equity issues, while the Toronto Stock Exchange serves as the Canadian exchange for large-cap issues. The Canadian Venture Exchange is headquartered in Calgary with trading facilities in Vancouver.