File:Exchange Tower, Toronto Stock Exchange, Toronto, Ontario (21219467213).jpg
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Summary
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| Description |
Toronto Stock Exchange (often abbreviated as TSX) is one of the world's largest stock exchanges. It is the eighth largest exchange in the world by market capitalization. Based in Toronto, it is owned by and operated as a subsidiary of the TMX Group for the trading of senior equities. A broad range of businesses from Canada and abroad are represented on the exchange. In addition to conventional securities, the exchange lists various exchange-traded funds, split share corporations, income trusts and investment funds. More mining and oil and gas companies are listed on Toronto Stock Exchange than any other stock exchange. The Toronto Stock Exchange likely descended from the Association of Brokers, a group formed by Toronto businessmen on July 26, 1852. No records of the group's transactions have survived. On October 25, 1861, twenty-four men gathered at the Masonic Hall to create the Toronto Stock Exchange. The exchange was incorporated by an act of the Legislative Assembly of Ontario in 1878. As of August 2012, Toronto Stock Exchange had 1,577 listed companies with a combined market capitalization of CAD $1,989,562,971,807. The exchange is home to all of Canada's Big Five commercial banks—Canadian Imperial Bank of Commerce (CIBC), Bank of Montreal, Bank of Nova Scotia, Royal Bank of Canada and the Toronto-Dominion Bank—making the exchange the centre for banking in the country. This was seen as being most evident during the proposed mergers of Royal Bank with Bank of Montreal, and CIBC with the Toronto-Dominion Bank in 1998. Then Finance Minister Paul Martin blocked the mergers to preserve competition. The exchange is the primary listing for several energy companies including; Cameco Corporation, Canadian Natural Resources Ltd., EnCana Corporation, Husky Energy Inc., Imperial Oil Ltd. and Nexen Inc. all within the top 40 companies listed in on the exchange. Many of the large companies listed on the TSX, especially those on the S&P/TSX 60 index, have a secondary listing on an American exchange such as the New York Stock Exchange. en.wikipedia.org/wiki/Toronto_Stock_Exchange en.wikipedia.org/wiki/Wikipedia:Text_of_Creative_Commons_... |
| Date | Taken on 28 September 2015, 17:02 |
| Source | Exchange Tower, Toronto Stock Exchange, Toronto, Ontario |
| Author | Ken Lund from Reno, Nevada, USA |
| Camera location |  | View this and other nearby images on: OpenStreetMap |  |
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Licensing
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This image was originally posted to Flickr by Ken Lund at https://flickr.com/photos/75683070@N00/21219467213. It was reviewed on 19 December 2016 by FlickreviewR and was confirmed to be licensed under the terms of the cc-by-sa-2.0. |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
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| current | 15:40, 19 December 2016 | | 4,000 × 3,000 (3.06 MB) | Mindmatrix (talk | contribs) | Transferred from Flickr via Flickr2Commons |
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