Canadian Markets

TSX Group, Inc.

At the heart of the Canadian financial markets stand two national stock exchanges, the Toronto Stock Exchange and the TSX Venture Exchange. They are operated by TSX Group, Inc., the Toronto Stock Exchange serving the senior equity market and TSX Venture Exchange serving the public venture equity market.

Spanning more than 150 years of history in the Canadian capital markets, the Toronto Stock Exchange provides an efficient liquid market for senior equities. A growing number of global industries are represented on the Toronto Stock Exchange, one of the largest in the Americas.

As the twentieth century came to a close, Canada's capital equity markets consolidated. This consolidation proved timely with the total computerization of the global trading platforms, allowing the Exchange to become a real global player in the senior equity markets, particularly the explosive global energy and natural resources markets.

Recognizing a growing global trend, Canada also provides an alternative for smaller quoted issues, the TSX Venture Exchange. Head officed in Calgary, the TSX Venture Exchange is a standards-based market, which through their highly regulated sponsorship led program, allows growing companies access to public venture capital incrementally, enabling them to grow and expand at a more rational and balanced rate.

TSX Venture Exchange
An incremental approach to capital expansion
Canadian markets have become a magnet for investment from around the world. 

Through the TSX Group's equity markets, investors and issuers have discovered:

• Fast, low cost and liquid trading
• A range of innovating trading products
• More oil and gas issuers than any other exchange in the world
• The single largest source in the world for technology companies
• The second largest exchange group in the world for technology companies.

Listing on the Toronto Stock Exchange (TSX) is the right choice for well managed, growth oriented companies with strong performance track records.  TSX is globally recognized as one of North America's premier stock exchanges, known for its high standards of fairness and innovative approach to trading.  
TSX provides issuers with a dynamic market in which to raise capital, while also offering a range of benefits that include enhanced liquidly, specialized indices, visibility, and analyst coverage.
Listing on the TSX Venture Exchange is the right choice for emerging companies, providing access to public venture capital to facilitate their growth.  Issuers listed on the TSX Venture are provided with the opportunity to gain a solid foothold in the public market, with the potential to work towards graduation to the senior exchange and access to larger pools of capital. 
TSX Venture offers companies a flexible, two-tiered system, with minimum listing requirements tailored to a companies industry sector, stage of development, financial performance, and operational resources.

TSX Group, Inc.