Canadian Securities Exchange
| Canadian Securities Exchange | |
|---|---|
 Canadian Securities Exchange | |
| Type | Stock Exchange |
| Location | Toronto, Ontario, Canada |
| Owner | CNSX Markets Inc. |
| Key people | Thomas S. Caldwell (Chairman) Ned Goodman (Deputy Chairman) Richard Carleton (CEO) |
| Currency | CAD |
| Website | www |
Canadian Securities Exchange (CSE), formerly the Canadian National Stock Exchange (CNSX), is an alternative stock exchange in Canada. It was the first full stock market to be approved by the Ontario Securities Commission in the past 70 years.[1] The CSE offers simplified reporting requirements and reduced barriers to listing. It is an alternative for micro cap and emerging companies. It had previously been known as CNQ until the organization re-branded itself in November 2008.[2] It is fully automated, rather than using the traditional "open outcry" physical trading floor system.
The CSE is located in Toronto, Ontario and maintains a branch office in Vancouver, British Columbia.
In September 2007 CNSX introduced a service called Pure Trading, an electronic communication network where most of the stocks listed on the Toronto Stock Exchange can be traded.
February 2015 saw the launch of the CSE Composite Index™,[3] a broad indicator of market activity for the CSE. With approximately 75% coverage of all equities listed on the CSE it is a uniquely positioned gauge of the Canadian small cap market. The index provides a distinctly different risk/return profile than the broad Canadian equity market.
Hours
The exchange's normal trading sessions are from 9:30 a.m. to 4:00 p.m. ET on all days of the week except Saturdays, Sundays, and holidays declared by the exchange in advance.[4]
Ownership
In 2009, DundeeWealth stated that it had made an unspecified but "strategic" investment in CNSX.[5]
See also
- Montreal Exchange
- Nasdaq Canada
- Toronto Stock Exchange
- TSX Venture Exchange
- Winnipeg Commodity Exchange
- List of stock exchanges
- List of American stock exchanges
References
- ↑ "CNSX, Stock Market, Benefits, Advantages". GoPublicInCanada.com. 2013-09-27. Retrieved 2013-11-28.
- ↑ http://www.gopublicincanada.com/news-cnsx-rebrands.html
- ↑ http://www.investmentexecutive.com/-/cse-launches-composite-index
- ↑ Market Hours, Canada's New Stock Exchange via Wikinvest
- ↑ http://www.newswire.ca/en/story/527383/dundeewealth-tm-makes-a-strategic-investment-in-cnsx-markets