What is Vancouver?
Exchange in Vancouver was formerly one of the three largest stock markets in Canada. He specializes in trading in shares of small capitalization companies and energy and mineral survey companies. In 1999, the Centical Stock Exchange in Vancouver and other Canadian markets merged and created what was called the Canadian Stock Exchange at that time. Later, this merged exchange was obtained in Toronto Stock Exchange, which renamed and restructured it. In 1929 he moved to the Art Deco Stock Exchange building. It grew until they were a larger stock exchange and Montreal Stock Exchange.
The exchange has become a center for trading in Canadian companies with less than $ 1 billion in the US (USD) in capitalization, ie the market value of outstanding shares of the company. This is usually reflected I like a small capitalization or a small cap, society. At the age of 90, the Vancouver Stock Exchange had more than 2,100 companies. Also at that time the Stock Exchange made about $ 4 billion in the annual shopOdech.
Before the 1999 merger, it was reportedly in the Vancouver Stock Exchange to have many financially unhealthy companies that were unable to be listed elsewhere. It was the subject of media attention, which focused primarily on mining stocks on the stock exchange. The Canadian Stock Stock Exchange was created by the merger of the Vancouver Stock Exchange, Albert Stock Exchange and parts of the Montreal Stock Exchange dedicated to small actions for caps. The newly created exchanging from the merger remained based in the Building Building in Vancouver.
In 2001, the Toronto Holding Society called the TSX Group, which owned Ttoronto Exchange and acquired the Canadian Stock Exchange. After this purchase, the TSX group renamed the Canadian Business Exchange as TSX Venture Exchange. The newly acquired TSX Venture Exchange has maintained its business operations in Vancouver, but moved its company headquarters to Calgary, Albert.
This onsetThe Vancouver has retained the same focus of the old stock exchange. The TSX replacement has been obtained so that it continues to serve as a market for emerging and small ceiling companies, especially those that do not yet meet the requirements for extract on the Toronto Stock Exchange. In addition to the Calgary headquarters and the Operational Center in the old Vancouver Stock Exchange building, TSX keeps offices in Toronto, Montreal and Winnipeg.