Skip to main content

A Brief Overview on Trading on the TSX

Canada is one of the significant countries for investors from all over the world due to its massive natural resources and mining industry. Among the several stock exchanges in the country, the Toronto Stock Exchange (TSX) is the most popular. Also, TSX is among the largest stock exchanges within North America in terms of listings and is the eighth largest in the world in terms of market capitalization.

Learning to Trade on the TSX

TSX houses the highest number of mining and energy companies as compared to any other stock exchange throughout the world. According to reports, the Toronto Stock Exchange comprised more than 1500 companies as of 2017 worth a total of $1.77 trillion in market capitalization. Listing requirements on the TSX vary with the type of company. Companies need to meet specific criteria. For instance, mining companies need to meet specific property, work programs, and capital requirements before listing. Similarly, gas and oil companies must meet working capital and financial requirements.

If you are learning to trade on TSX, then you need to understand that trading and investing in TSX listed companies can be accomplished via online brokerage accounts. However, in such cases, the commissions are more than that of domestic trades but are much reasonable as compared to the traditional stockbrokers. Make sure to consult your accountants or investment professionals for learning tax implications before investing.

Top Stocks Listed on TSX

The TSX consists of many largest natural resources companies in the world. Some of those top companies include Royal Bank of Canada (RY), Suncor Energy Inc. (SU), Potash Corp. of Saskatchewan (POT), Suncor Energy Inc. (SU) and Toronto-Dominion Bank (TD).

Toronto Stock Exchange
A Few Facts about TSX
  • TSX is for companies having more than $7.5 million in net tangible assets. And the companies with less than the amount can go for TSX Venture Exchange (TSXV). A total of 3,985 companies are listed on both the exchanges, out of which 1,561 are on TSX and 2,424 on the TSXV.
  • TSX not only lists the companies, but at the end of last year, there were 174 exchange-traded funds (ETFs) listed on TSX. ETFs are stocks that track an index. In the year 2000, only our ETFs were listed, whereas, by 2010, the number of ETFs on TSX grew by 4,250.
  • TSX is 150 years old! The TSX was created in October 1861 by 24 men. In the beginning, only 18 stocks were listed on the TSX, out of which most were banks and real estate companies. During that time, there was daily one trading session of 30-minute held where only a few transactions used to take place.
Note:

Learning to trade on the TSX can be simplified with the help of a professional investment education and training corporation.

Toronto Stock Exchange

Conclusion:

TRAIN2INVEST simplifies learning to trade on the TSX by delivering a step-by-step learning process that breaks down complex subject matter into manageable, bitesize pieces of information. For more information visit our social media profiles Facebook and Twitter
Labels:

Comments

Post a Comment

Popular posts from this blog

Golden Rules To Boost Your Possibilities Of Getting A Good Return From The Stock Market

The bait of big money has always attracted investors towards the stock markets. However, making money in equities isn’t easy. It not just needs a great level of discipline and patience, but also a great deal of research and good insight of the market. Also, stock market volatility in the last few years has left investors in a state of bewilderment. Though there’s any sure-shot formula yet to be discovered for success in stock trading, there’re a few golden rules which can be followed sincerely to boost your odds of getting a decent return. Never take decisions based on rumors: Proper research should be the cornerstone of taking your investment decision. You need to keep in touch with the market all the time to understand which factors influence the market and in result your stocks. A regular screening of the shares you trade is pretty critical to take the perfect action. Always try to make decisions based on strong evidence supported by right report from the right source. A
Post a Comment
Read more

Is Investing On TSX Worth Considering

  The equity marketplace in Canada, formerly regarded rather contemptuously by abroad investors as a sedate market ruled by “hewers of wood & drawers of water,” has come into its own in the 21 st century. In the 1 st decade of this millennium, extensive demand for commodities driven by fast growth in India, China and other evolving economies led to unparalleled interest in Canadian equities, as a result of which the benchmark TSX composite climbed to a record high by June 2008. The following international market crash didn’t spare the Toronto Stock Exchange as it dropped fifty percent in a matter of months, but the subsequent recuperation paved Canada’s repute as one of the more robust economies in the globe. Why invest in Toronto Stock Exchange Stocks? As of December 2020, Canadian stocks jointly had a worth of $3.2 trillion, accounting for nearly four percent of worldwide market capitalization. Though a mere 1/10 th of the size of the 35.5-trillion U.S. equity market, Canad
Post a Comment
Read more

Proper Training Is A Must Before Investing In The Stock Market

Who taught you about wealth management? Did you learn wealth management: From school? From friends? From parents? From books or seminars? From university or college? ANSWER: Usually through OSMOSIS – from a combination of the above!Most people learnt about money and/or wealth management from their families (tradition). Unfortunately, the mistakes are passed on from generation to generation. 90% OF WEALTH MANAGEMENT ATTEMPTS BY FAMILIES ARE THROUGH “TRIAL & ERROR” METHODS. MUTUAL FUNDS – Due to the failure of spouses understanding their RISK TOLERANCES, the easiest way (with the ability to ‘blame someone else’) is to find a Financial Planner to take the responsibility of managing the family’s INHERITANCE. No regard to RETURN versus COST is considered. MULTI-LEVEL MARKETING – jumping on the bandwagon LONG after the wagon is gone. Building ‘legs’ & trying to sell the product (usually SOAP) to friends and family is not a winner. NETWORK MARKETING –
Post a Comment
Read more