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Tip of the Day

Tip of the Day Put At Least 20% Down On A Home

Put At Least 20% Down On A Home - Your home is most likely the biggest purchase you will make in your lifetime, so when planning for the big day,...

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Tsx Stock Quotes

The Toronto Stock Exchange is the third largest stock exchange in North America and the largest in Canada. According to a history of the TSX found on Wikipedia, "The Toronto Stock Exchange likely descended from the Association of Brokers, a group formed by Toronto businessmen on July 26, 1852. No official records of the group's transactions have survived. On October 25, 1861, twenty-four men gathered at the Masonic Hall to officially create the Toronto Stock Exchange. The exchange was formally incorporated by an act of the Legislative Assembly of Ontario in 1878."

The TSE grew constantly in volume and in shares traded, except for a short three-month phase in 1914 when the TSE was closed down for fear of financial alarm due to World War I. In 1934, the TSE combined with its biggest competitor, the Standard Stock and Mining Exchange. The new market chose to keep the name Toronto Stock Exchange. In 1977, the Exchange began using CATS, or Computer Assisted Trading System, which is a computerized trading system for the quotation of less liquid equities.

On April 23, 1997, the TSE's trading floor closed. It became the second-largest stock exchange in North America to choose an electronic or virtual trade environment. In 1999, the Toronto Stock Exchange announced the selection of Barbara G. Stymiest as the new President & Chief Executive Officer.

After a decision to shift their focus, Toronto Stock Exchange became Canada's only exchange for senior equities trading. The Bourse de Montr?al (known in English as the Montreal Exchange) took over responsibility for trading derivatives. The Vancouver Stock Exchange and Alberta Stock Exchange combined to create the Canadian Venture Exchange (CDNX), managing trading in junior equities. The Canadian Dealing Network, Winnipeg Stock Exchange, merged with the CDNX, along with the equities portion of the Montreal Exchange.

The TMX Group leads the oil & gas sector on a global level. More oil and gas companies are represented on the Toronto Stock Exchange (TSX) and TSX Venture Exchange than any other exchange in the world. As of the end of the day on June 30, 2007, there were 434 oil and gas companies on the Toronto Stock Exchange and TSX Venture Exchange, with a total market worth of $544.9 billion.

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Definition of the Day Drop Shipping

Drop Shipping? - Drop shipping is where the supplier of merchandise sends any purchases directly to retail clients. They will maintain the storage and all other warehouse functions so the retailer doesn’t have to keep the items in his or her store. Plus with this type of program the retailer...

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