Definition of TSX



What does the term "TSX" mean? What is meant by the term "TSX"?

The term "TSX" refers to the Toronto Stock Exchange (and Venture Exchange).

The Toronto Stock Exchange is the largest stock exchange in Canada and is in the top 10 worldwide in terms of total market capitalization.

The Toronto Stock Exchange was founded in October of 1861 and has thousands of different listings that have a combined market cap in the trillions of dollars. Tens of billions of dollars trades on the Toronto Stock Exchange every day.

A wide range of different businesses and securities trade on the Toronto Stock Exchange, ranging from oil and gas to mining to banking to technology.

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The "Big 5" Canadian banks - Royal Bank, TD Bank, Bank of Montreal, Bank of Nova Scotia and CIBC - are all listed on the TSX.

In addition, there are big gold companies (Barrick Gold), phone companies (Telus), media companies (Thomson Reuters) and technology companies (Shopify) that are also listed on the TSX.

Most Canadian investors own a wide assortment of different TSX companies via mutual funds and index tracking stocks.

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