Toronto Stock Exchange - Investment & Finance Definition
Canada’s largest stock exchange, where more than 1,300 senior equities are traded. In 2001, the Toronto Stock Exchange acquired the Canadian Venture Exchange Inc. (CDNX), which lists emerging companies. In April 2002, the TSX brand was launched. TSX includes the Toronto Stock Exchange, TSX Venture Group (formerly CDNX), TSX Markets, and TSX Datalinx. The benchmark index is the S&P/TSE Composite Index, which replaced the TSE 300. Companies included in it are reviewed on a quarterly basis instead of an annual basis. It celebrated its 150-year anniversary in 2002. TSX is the third most active stock exchange in North America after the New York Stock Exchange and the NASDAQ Stock Market, and ranks seventh in the world for domestic market capitalization.