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On October 25th, 24 men gathered at The Masonic Hall. A resolution was passed that day and Toronto Stock Exchange was born.
The cost of Membership was $5.00. In its early years the Toronto Stock Exchange trading volume was very modest, amounting to two or three transactions daily. Trading hours were limited to daily half-hour sessions and the trading list consisted of 18 securities. -
Toronto Stock Exchange became formally incorporated by an Act of the Ontario Legislature.
This happened because there areno official records of this group's transactions, twenty-four brokers came together at the Masonic Hall to create the Toronto Stock Exchange. -
The Exchange built and moved into its own building on Bay Street. Technological advanceslead to the introduction of the first print-out-ticker which carried a series of trading prices as well as bid and ask offering quotations.
This area then evolved into the financial district as the corporate banks gravitate to this area. This location provides nvestors with more convenience and comfort. It evokes a sense of solemnity and gravitas, the idea that Canada’s capital markets are serious business. This intersection has four of Canada's five major banks towers offices,The Bank of Montreal,Scotiabank, CIBC, Toronto Dominion Bank and Royal Bank of Canada. Stock Tickerwas the earliest digital electronic communications. -
Toronto Stock Exchange merged with its key competitor, The Standard Stockand Mining Exchange.
The merged markets adopted the name, Toronto Stock Exchange. The TSX became the international leader in mining.The merging resulted in continual growth of size and strength of the TSX. Yearly trading value exceeded $534 million. -
For the first time, the Toronto Stock Exchange Board of Governors required listed companies to file statements disclosing any change in the company's affairs, which might affect the price of its shares.
Some investors lost their confidence in investing into the stock market and from doing transactions daily because of the certain firms activity. -
Toronto Stock Exchange became the first exchange in North America to introduce decimal trading.
This was implemented because it would provide a greater number of price levels and allowing for tighter spreads between the bid. -
he Toronto Stock Exchange became a for-profit company and in 2001 its acronym was changed to TSX.
http://www.youtube.com/watch?v=JT2DYYV1wNEThe Toronto Stock Exchange completes the acquisition of the Canadian Venture Exchange. CDNX renamed TSX Venture Exchange in 2002. The reason they did this was to operate a business which will return a profit to the owners. The TSX acquired the Canadian venture exchange because the Canadian venture exchange was serving the public venture equity market and tsx was serving senior equity market. -
TSX Venture Exchange announced the TSX Venture 50™, the first-ever ranking of Canada’stop emerging public companies. The TSX Venture 50 is a yearlyranking done by the TMX Group of 50 upcoming companies on the TSX Venture Exchange.
The 2011 list was chosen by assigning equal weighting assigned to share price appreciation, trading volume, market capitalization growth and analyst coverage. The list was designed to showcase the Exchange's leading companies and to increase investor awareness of the top performing companies on the TSX -
On August 16, a record 708 million shares changed hands in trading on Toronto Stock Exchange.
There were 996,311 transactions today, breaking the previous record of 707,853 set on August 10, 2007 -
On May 1, the combination of TSX Group and Montreal Exchange was Completed. On June 11, TSX Group was renamed TMX Group withthe approval of shareholders.
This new company will redefine the Canadian capital markets and strengthen its global positioning. Building an integrated Canadian exchange that brings together cash and derivatives trading for the first time.
