Canadian Securities Exchange

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Canadian Securities Exchange (CSE; French: La Bourse des valeurs canadiennes), operated by CNSX Inc., is a stock exchange domiciled in Canada. When recognized by the Ontario Securities Commission in 2004, CSE was the first new exchange approved in Ontario in 70 years.[4][5] The CSE is a rapidly growing stock exchange focused on working with entrepreneurs to access the public capital markets in Canada and internationally. The Exchange's efficient operating model, advanced technology and low fee structure help companies of all sizes minimize their cost of capital and maximize access to liquidity.

Canadian Securities Exchange
TypeStock Exchange
LocationToronto, Ontario, Canada
Founded2001
OwnerCNSX Markets Inc.
Key peopleRichard Carleton (CEO)[1]
CurrencyCAD
No. of listings778 (April, 2022)[2]
Market cap$35.46 billion (April, 2022)[3]
Volume7.4 billion shares YTD (April, 2022)[3]
Websitewww.thecse.com

The CSE offers investors access to a broad selection of growth companies through a liquid, reliable and regulated trading platform. The Exchange is dedicated to entrepreneurship at all levels and has established itself as a leading hub for discourse in the entrepreneurial community.

Designed to meet the needs of emerging public companies and their investors, CSE has experienced rapid growth over the last five years and lists over 700 securities.

In February 2015, the CSE Composite Index was launched as a broad indicator of market activity for the CSE.[6] The CSE Composite Index is a market capitalization weighted benchmark reflecting the performance of CSE listed securities meeting index eligibility requirements. The Composite Index is uniquely positioned to gauge the Canadian small cap market.[7] Reuters and Bloomberg publish CSE composite index under the ticker CSECOMP. The Index provides a distinctly different risk/return profile compared to the TSX/S&P Composite. The CSE25 Index is a subset of the CSE Composite Index containing the securities of the twenty-five largest Index companies by market capitalization.

The CSE is located in Toronto, Ontario, and maintains a branch office in Vancouver, British Columbia.

Hours

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The exchange's normal trading sessions are from 9:30 a.m. to 4:00 p.m. ET on all days of the week except Saturdays, Sundays, and holidays declared by the Exchange in advance.[8]

Ownership

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As at March 31, 2021, Urbana Corporation reported that it holds 49.25% of CNSX Inc. common shares.[9] The remaining shares are widely held and include various funds as well as former and current CSE employees.

See also

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References

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  1. ^ "About CSE". 2020-02-11.
  2. ^ "CSE Listings". 2022-04-30.
  3. ^ a b "Canadian Securities Exchange Reports March 2022 Performance Figures". Canadian Securities Exchange.
  4. ^ "CNSX, Stock Market, Benefits, Advantages". GoPublicInCanada.com. 2013-09-27. Archived from the original on 2013-10-04. Retrieved 2013-11-28.
  5. ^ "Canadian Trading and Quotation System Recognition as a Stock Exchange - Notice of Commission Approval". Ontario Securities Commission. 2004-05-07. Retrieved 2020-02-11.
  6. ^ "CSE launches composite index", Investment Executive. February 27, 2015. (Retrieved 2020-02-11.)
  7. ^ "CSE Indices | CSE - Canadian Securities Exchange". thecse.com. Retrieved 2020-03-08.
  8. ^ "Hours & Holidays | CSE - Canadian Securities Exchange". www.thecse.com. Retrieved 2021-11-02.
  9. ^ "Financial Disclosures".
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