The Toronto Stock Exchange is the largest stock exchange in Canada, as well as the 7th largest in the world. The exchange lists 4,000 securities and trades an average of 250 million shares per day. The TSX lists companies from Canada, the U.S., and many other countries, and it has listings from a wide variety of industries. While the Toronto Stock Exchange was historically a floor-based exchange, it now operates electronically.
The TSX is one of two exchanges owned and run by TSX Group. The Toronto Stock Exchange only trades senior equities with strong historical performance, while the TSX Venture Exchange trades shares in new, high growth companies. The Toronto Exchange offers investors more solid, predictable investments, while the Venture Exchange offers investments with a higher risk, but more potential for growth and therefore higher returns. Companies trading on the TSX Venture Exchange may move to the Toronto Exchange once they meet the requirements.