The
Toronto Stock Exchange (popularly known as the TSX) is Canada's most important stock exchange, North America's third leading stock exchange, and world’s sixth leading stock exchange. TSX is the segment of the TSX Group (TSX: X) that deals senior equities. A wide variety of businesses from Canada, the United States, and other countries are listed on theTSX. Headquarter of TSX is in Toronto, North America’s third major financial centre, and sustains offices in Montreal, Winnipeg, Calgary, and Vancouver. Trading hours on TSX are 9:30 A.M. to 4 P.M., Monday to Friday.
History and Origin of the Toronto Stock Exchange
On July 26, 1852, the TSX developed like an "Association of Brokers" which was established by Toronto businessmen, yet, there was no official records remain of this group's dealings.
On October 25, 1861, a gathering of twenty-four men at the Masonic Hall officially establish the Toronto Stock Exchange. In 1878, the TSX officially integrated by an Act of the Legislative Assembly of Ontario.
In 1914, during the World War I, TSX was shut down for three months and the reason behind this shut down was the phobia of financial panic. Instead of that, the number of traded shares and size of the TSX was increased constantly.
In 1934, the Toronto Stock Exchange amalgamated with its key contender the Standard Stock and Mining Exchange and became known as The Toronto Stock Exchange.
In 1977, the TSX launched CATS (Computer Assisted Trading System).
On 23rd April, 1997, the trading floor of the TSX was closed, to make it the second-major North American stock exchange which select a floorless, electronic(or virtual trading)environment.
In 1999, the TSX announced the appointment of Barbara G. Stymiest who became the first female president of a North American stock exchange.
Through a rearrangement plan, the TSX became the only exchange in Canada that deals senior equities. The Bourse de Montréal/Montreal Exchange accepted the duty for traded derivatives and the Vancouver Stock Exchange and Alberta Stock Exchange amalgamated to build the Canadian Venture Exchange (CDNX) that deals junior equities. Later on, the Canadian Dealing Network, Winnipeg Stock Exchange, and equities section of the Montreal Exchange amalgamated with CDNX.
In 2000, the Toronto Stock Exchange turned into a business-related or commercial company.
In 2001, the Toronto Stock Exchange obtained the Canadian Venture Exchange, which was known as the TSX Venture Exchange in 2002.
On December 14, 2006, for the first time ever, the TSX traded at over the 13,000 point level and it reached a new highest record with closing at 13,021.77.
Market Indices
At present, the Market Indices of Toronto Stock Exchange are:
S&P/TSX Composite Index
S&P/TSX 60
S&P/TSX Canadian Sector Indices
S&PTSXV
DJIA
NASDAQ
S&P 500
$CAD/USD
Gold (US$)
Oil (US$)
Market Capitalization
In terms of market capitalization, presently, The S&P/TSX Composite Index is a list of the leading companies on the Toronto Stock Exchange, which consists almost 71% of market capitalization for each and every Canadian-based companies listed on the TSX ( On May 1, 2002, The S&P/TSX Composite Index replaced the TSX 300).
The S&P/TSX 60 Index is a list of the 60 leading companies on the Toronto Stock Exchange in terms of market capitalization and this Canadian index provides coverage across 10 economic sectors, and is sustained by the Canadian S&P Index Committee.
Major Companies listed on Toronto Stock Exchange
Air Canada
Bell Canada Enterprises
Hudson's Bay Company
Nortel Networks
Rogers Communications
The Thomson Corporation
Imaging Dynamics Company Ltd
Barrick Gold
Canadian National Railway Company
Exco Technologies
Top Investors
Canadian Imperial Bank of Commerce
Canadian Western Bank
CCS Income Trust
Brookfield Properties
Aastra Technologies
Bank of Montreal
IMAX Corporation
Magna International
Weyerhaeuser Company Limited
Ritchie Bros. Auctioneers
Location Details
Toronto Stock Exchange
Toronto Office
P.O. Box 450
3rd Floor, 130 King Street W.
Toronto, ON
M5X 1J2
Canada
Phone: (416) 947-4670
(888) 873-8392