Toronto Stock Exchange

The Exchanges have provided companies with access to equity capital for over 160 years. Our issuers list alongside their peers, and benefit from being listed on a leading global exchange with integrity, liquidity and opportunity.

The Toronto Stock Exchange (TSX; French: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the EY Tower in Toronto's Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities.

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In 1977, it launched the TSE 300 index[4] and introduced the CATS (Computer Assisted Trading System), an automated trading system, and began to use it for the quotation of less liquid equities.[8] In 1983, the TSE vacated its Art Deco headquarters on Bay Street and moved into the Exchange Tower. The old TSE building later became the Design Exchange, a museum and education centre.[7] On April 23, 1997, the TSE's trading floor closed, making it the second-largest stock exchange in North America to choose a floorless, electronic (or virtual trading) environment.[4]

In 1999, through a major realignment plan, Toronto Stock Exchange became Canada's sole exchange for the trading of senior equities.[4] The Bourse de Montral/Montreal Exchange assumed responsibility for the trading of derivatives and the Vancouver Stock Exchange and Alberta Stock Exchange merged to form the Canadian Venture Exchange (CDNX) handling trading in junior equities. The Canadian Dealing Network, Winnipeg Stock Exchange, and equities portion of the Montreal Exchange later merged with CDNX. In 2000, the Toronto Stock Exchange became a for-profit company. In 2002 its acronym was rebranded to TSX and it became a public company.[5][4]

In 2001, the Toronto Stock Exchange acquired the Canadian Venture Exchange, which was renamed the TSX Venture Exchange in 2002; this resulted in the creation of a parent to the TSX, the TSX Group.[4] This ended 123 years of the usage of TSE as a Canadian stock exchange. On May 11, 2007, the S&P/TSX Composite, the main index of the Toronto Stock Exchange, traded above the 14,000 point level for the first time ever. On December 17, 2008, for the first time in TSX history, the exchange was closed for an entire trading day due to a technical glitch.[9]

On February 9, 2011, the London Stock Exchange announced that it had agreed to merge with the TMX Group, Toronto Stock Exchange's parent, hoping to create a combined entity with a market capitalization of $5.9 trillion (3.7 trillion). Xavier Rolet, who is CEO of the LSE Group, would have headed the new enlarged company, while TMX Chief Executive Thomas Kloet would become the new firm president. Based on data from December 30, 2010 the new stock exchange would have been the second largest in the world with a market cap 48% greater than the Nasdaq. Eight of the 15 board members of the combined entity were to be appointed by LSE, 7/15 by TMX.[10][11] The provisional name for the combined group would be LTMX Group plc.[12] About two weeks after Maple Group launched a competing bid the LSEG-TMX deal was terminated after failing to receive the minimum 67% voter approval from shareholders of TMX Group. The rejection came amidst new concerns raised by Bank of Canada governor Mark Carney regarding foreign control of clearing systems and opposition to the deal by Ontario's finance minister.[13][14]

The exchange has a normal trading session from 09:30am to 04:00pm ET and a post-market session from 4:15pm to 5:00pm ET on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[15]

The exchange is the primary listing for a number of energy companies including; Enbridge, Suncor, TC Energy, Canadian Natural Resources, Imperial Oil, Pembina and Cenovus all within the S&P/TSX 60 index.

Waking up hours before the sun appears, David Leeder has written Globe Investor's daily Upgrades/Downgrades and Market Movers files for almost a decade. He also compiles stock market updates throughout the trading day while editing other staff stories. With a passion for equity markets, he's always on the lookout for news (big and small) that will cause rumblings on Bay Street.

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"We are pleased to announce we have submitted our listing application to the TSX," said Executive Chairman Boris Jordan. "I believe uplisting to the TSX will provide greater access to a broader set of global institutional investors, offer custody solutions backed by U.S. financial institutions, reduce volatility in our stock by having dedicated market makers, and make Curaleaf available for inclusion into indexes such as TSX and MSCI, all to the benefit of our stakeholders. We continually manage the business with the best interest of the Company in mind, and filing our application with the TSX is yet another step in that direction."

Prices are real-time for all trades executed on Nasdaq exchanges. Prices are delayed for all trades executed on other exchanges as per the above table. 52-week high and low values are calculated from close price data.

Forward-looking statements are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied in any forward-looking statements made in this publication. Any number of important factors could contribute to these digressions, including, but not limited to, general economic, political and market factors, interest and foreign exchange rates, capital markets, business competition, technological change, changes in government regulations, unexpected judicial or regulatory proceedings, and catastrophic events.

Generally, the Canadian Securities Exchange (CSE) continues to house stock listings of most other cannabis companies operating in the U.S. The stocks also trade on the OTC market in the U.S., which is more thinly regulated than the New York Stock Exchange and the Nasdaq.

Cannabis stocks got a lift earlier this week when the U.S. Senate Committee on Banking, Housing and Urban Affairs approved the Secure and Fair Enforcement Regulation Banking Act, now known as the SAFER Banking Act of 2023.

The Toronto Stock Exchange (TSX) is the third largest stock exchange in the Americas. It is also the eighth largest in the world in terms of market capitalization. It is located in the city of Toronto in Canada.

The Toronto Stock Exchange has the highest number of listed companies in the oil and gas industry as well as the mining industry. Toronto Stock Exchange history begins in 1861 when it was officially created by twenty-four businessmen in Toronto. In 1934, TSX and its chief competitor known at the time as Standard Stock and Mining Exchange merged into one group. This merger made the TSX exchange the largest mining exchange in the world. As the TSX market grew, it soon became a hot spot for oil and gas companies. The list on the Toronto Stock Exchange has grown to over 400 companies.

The Toronto Stock Exchange index is the S&P/TSX Composite Index. This is an index of the prices of the largest companies as a measurement of their market capitalization. The large companies are selected if that company represents a certain percentage of the index market cap. They are also selected if the company represents a certain percentage trading volume that company performs to the total trading volume.