Toronto Stock Exchange(redirected from TSX)
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Toronto Stock Exchange (TSX)
Canada's largest stock exchange which was founded in 1861, the trading floor closed in 1997 and it became a completely electronic exchange. As of 2000, the TSX became a private company. In 2001, the TSX acquired the Canadian Venture Exchange which was renamed the TSX Venture Exchange. The average stock price is represented by the S&P/TSX Composite Index (which replaced the TSE 300 on May 1, 2002).
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Toronto Stock Exchange
The largest stock exchange in Canada. Tracing its roots to the 1850s, the Toronto Stock Exchange in 1997 became one of the largest exchanges in North America to close its trading floor and begin operations electronically. It is a leader in the oil, gas, and mining industries, with more such companies trading on it than on any other exchange in the world.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Toronto Stock Exchange (TSE)
The main Canadian exchange for trading large-cap equity securities. The TSE moved from traditional floor trading to electronic trading in 1997 and in April 2000 demutualized to become a for-profit corporation. The Toronto Stock Exchange accounts for approximately 95% of all equity trading in Canada. Small-cap Canadian stocks are traded in Vancouver on the Canadian Venture Exchange.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.