Canadian bourse the TSX Venture Exchange (TSX-V) is located in Calgary, Alberta, Canada and was originally called the Canadian Venture Exchange (CDNX).
The CDNX was born out of the November 1999 merger between the Vancouver and Alberta stock exchanges. The combination of these bourses was designed to restructure Canadian capital markets in terms of market specialisation.
The TSX-V now also has offices in Toronto, Vancouver, and Montreal and is owned by TMX Group (TSX:X), which also owns the Toronto Stock Exchange (TSX), which is the senior equity market.
TMX facilitates fully electronic trading on Canada’s premier equities exchanges TSX, TSX-V, as well as the TSX Alpha Exchange (TSXA).
When the CDNX was formed more than 25 years ago, the focus was on smaller companies with assets, business operations, and market valuations deemed too small to be listed on the bigger TSX.
A large number of companies on the…
