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The Toronto StockExchange

Canada is located in North America in the area north of the United States. It contains the world's second largest land mass. It is divided into ten provinces and is ranked 35th based on population, with an estimated population of 32 million people. The official languages are French and English. Canada belongs to the Commonwealth of Nations after they received their independence from England and its capital is called Ottawa.

The Canadian stock charts are located on the Toronto Stock Exchange. The Toronto Stock Exchange has the largest listing of Canadian stock charts, because it is the largest exchange in Canada.

 

The History of the Toronto Stock Exchange

 

 

The Toronto Stock exchange was created in 1861 by twenty-four men, but it was not recognized by the government until 1878. At that time it was called the Association of Brokers.

 

When the Association of Brokers merged with the Standard Stock and Mining Exchange in 1934, then they adopted the new name of the Toronto Stock Exchange.

 

The Toronto Stock Exchange continued to progress as was evident on the Canadian stock charts. The exchange made a dramatic move in 1999 by deciding an electronic format in which to conduct trades. Thus unlike the New York Stock Exchange, the Toronto Stock Exchange does not have employees on the floor buying and selling stocks.

 

Somehow as time progressed, the Toronto Stock Exchange became the only set of Canadian stock charts in which to use. The Vancouver Stock Exchange in British Columbia merged with the Alberta Stock Exchange to create the Canadian Venture Exchange. The Canadian Venture Exchange continued and the Venture was joined by the Montreal Exchange and the Winnipeg Stock Exchange in Manitoba.  So the exchanges of all of the Canadian provinces merged their stock charts to be added to the Toronto Stock Exchange.

 

Today the Toronto Stock Exchange has truly become one of the greatest stock exchanges on the globe. In terms of its exchanges, the Toronto Stock Exchange ranks fourth after the New York Stock Exchange, the NASDAQ, and the Chicago Stock Exchange. It is the only exchange in North America whose stock charts operate without traders working the floor.

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