- Canadian Venture Exchange
The Canadian Venture Exchange (CDNX) is now a defunct
stock exchangehaving been acquired by the TSX Groupin 2001and renamed the TSX Venture Exchange.
History of the Canadian Venture Exchange (CDNX)
The Canadian Venture Exchange was created in
Canadaon November 29, 1999as a result of an agreement between the Vancouver, Alberta, Toronto and Montreal exchanges to restructure the Canadian capital markets along the lines of market specialization.
The CDNX was created by the merger of the Vancouver Stock Exchange (VSE) and the Alberta Stock Exchange (ASE). The focus of the CDNX was junior companies, i.e., those whose assets, business and market capitalization were too small to be listed on the
Toronto Stock Exchange(TSX). Often, these were resource exploration companies, but also came to include new high technology ventures. The exchange had its corporate headquarters in Calgary, Alberta, and its Operations headquarters in Vancouver, British Columbia, with additional offices in Winnipeg, Toronto, and Montreal.
Winnipeg Stock Exchangeand the equities market of the Bourse de Montréalwere also later merged into the CDNX.
List of stock exchanges
Toronto Stock Exchange
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