Stock Exchange | Toronto Stock Exchange - Important Things You Should Be Aware Of

Looking to buy shares in the mining sector? What happens to the oil and gas industry? Then you 're in luck. This article is about the world's leading stock exchange, which referred to the mining and oil and gas segments: The Toronto Stock Exchange. It lists most of these companies than any other stock exchange in the world.

Although not as well known as the New York Stock Exchange or the NASDAQ, the Toronto Stock Exchange is the largest stock exchange in Canada, the third largest in North America and the eighth largest in the world in terms of market capitalization. The Toronto Stock Exchange or the TSX is based on Bay Street in Toronto, Canada's largest city and is owned and operated by TMX Group for negotiating high-level actions. However, the TSX not only conventional securities trading. Also going into exchange-traded funds, stock split companies, trusts and income funds.

It currently has more than 1,300 companies, not just Canada but the United States, Europe and elsewhere. Hours of operation are from 9:30 am to 4 pm, Monday through Friday. They have a short session after the marketing of 4:15 to 17:00 pm, ET all the time.

Historically, the Toronto Stock Exchange can be traced from the Association of Brokers. However, the TSX was formally established by a group of 24 businessmen who gathered at the Masonic Hall on October 25, 1861. The formal incorporation of the change that occurred in 1878 through an act of the Legislative Assembly of Ontario. Since then, the TSX has grown both in size and shares traded. In 1914, however, the TSX was closed for three months for fear of a financial panic that would occur because of the impending World War. It has ceased to trade after that. On April 23, 1997, the Toronto Stock Exchange switched to virtual or electronic commerce.

As a leader in the marketing of mining stocks, oil and gas, the Toronto Stock Exchange has listed 434 oil and gas companies at the end of June 30, 2007, which held a total market capitalization of $ 544.9 billion . The combined market capitalization of the 1498 companies in the Toronto Stock Exchange has reached $ 2,105,570,021,017.

If the New York Stock Exchange has the Dow Jones industrial average and Nasdaq 100 Nasdaq uses as its benchmark, the TSX uses the S & P / TSX Composite, formerly the TSE 300, the stock index. The S & P / TSX offers an overview of how well the Canadian market is taking place on the basis of the companies included in the benchmark.

The Toronto Stock Exchange is also known as a center of banking in the country, as it is home to the CIBC, Bank of Montreal, Bank of Nova Scotia, Royal Bank of Canada and The Toronto-Dominion Bank. These are known as Canada 's five major commercial banks. Other publicly traded entities include Cameco Corporation, Canadian Natural Resources Ltd., Canadian Oil Sands Trust, EnCana Corporation, Husky Energy Inc., Imperial Oil Ltd. and Nexen Inc.

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