CNSX
| CNSX (Canadian National Stock Exchange) | |
|---|---|
| Type | Stock Exchange |
| Location | Toronto, Ontario, Canada |
| Owner | CNSX Markets Inc. |
| Key people | Ian Bandeen (CEO and Vice Chairman) Robert Cook (President) |
| Currency | CAD |
| Website | www.cnsx.ca |
CNSX (Canadian National Stock Exchange) is an alternative stock exchange in Canada. It is the first full stock market to be approved by the Ontario Securities Commission in the past 70 years.[1] The CNSX offers simplified reporting requirements and reduced barriers to listing. It is an alternative for micro cap and emerging companies. It had 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 CNSX is located in Toronto, Canada and maintains a branch office in Vancouver.
In September 2007 CNSX started operating a service called Pure Trading, an electronic communication network where most of the stocks listed on the Toronto Stock Exchange can be traded.
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[edit] Hours
The exchange's normal trading sessions are from 09:30am to 04:00pm EST on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[3]
[edit] Ownership
In 2009, DundeeWealth stated that it had made an unspecified but "strategic" investment in CNSX.[4]
[edit] See also
- Montreal Exchange
- Nasdaq Canada
- Toronto Stock Exchange
- TSX Venture Exchange
- Winnipeg Commodity Exchange
- List of stock exchanges
- List of American stock exchanges
[edit] References
- ^ http://www.gopublicincanada.com/cnq-advantage.html
- ^ http://www.cnq.ca./Page.asp?PageID=122&ContentID=1688 CNQ re-launches as CNSX
- ^ Market Hours, Canada's New Stock Exchange via Wikinvest
- ^ Lam, Eric (September 13, 2009). "DundeeWealth makes a 'strategic' investment in CNSX Markets". Vancouver Sun. http://www.vancouversun.com/business/fp/DundeeWealth+makes+strategic+investment+CNSX+Markets/1992059/story.html. Retrieved 2009-10-13.[dead link]
[edit] External links
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