What is the difference between TSX and TSX Venture?

What is the difference between TSX and TSX Venture?

Toronto Stock Exchange (TSX) is the biggest stock exchange of Canada while TSX Venture Exchange (TSXV) is the junior exchange. TSX focuses on senior issuers whereas TSXV focuses on venture capital and early-stage companies seeking funds for growth. Both exchanges are owned by the TMX group.

How do you trade on TSX Venture Exchange?

There are two primary ways to invest in TSX Venture Exchange listed companies: You can purchase stocks traded on the TSX-V directly using brokerage accounts that support such foreign trades. Many online brokers in the U.S. support trading on the TSX and TSX-V without additional added expenses.

What is an insider TSX?

Insider means an officer or director of the Company or any other person whose transactions in the Company’s Common Stock are subject to Section 16 of the Exchange Act. TSX means the Toronto Stock Exchange.

What is considered insider trading in Canada?

A person or company that learns of a material fact or material change with respect to the issuer from any other person or company described in any of these bullets, including this one, and knows or ought reasonably to have known that the other person or company is a person or company in such a relationship.

What happened to the Vancouver Stock Exchange?

The Vancouver exchange originally featured primarily small-capitalization mining, oil, and gas exploration stocks. Today, the Vancouver Stock Exchange falls under the TSX Venture Exchange umbrella after a merger with the Canadian Venture Exchange in 1999.

Can you short TSX Venture stocks?

Market orders placed on the Toronto Stock Exchange/TSX Venture Exchange before the market opens are prohibited. U.S. orders allow odd board lots and mixed board lots. A security cannot be shorted in the short account if the margin account is long the same security.

What does V mean in stocks?

The symbol V means “when issued or when distributed” on the NASDAQ exchange, and it indicates that a company’s shares are trading even before they’re issued. The V means you’re looking at a virtual stock – only a promise of future profit.

Is there an ETF for TSX Venture?

Global X announced on Thursday the launch of the S&P/TSX Venture 30 Canada (TSXV), the first ETF to target companies on Canada’s junior exchange.

What is the punishment for insider trading in Canada?

Under section 130 of the Canada Business Corporations Act, these penalties include fines up-to the greater of $1,000,000 or triple the amount of any profit made by such contravention. Penalties can also include prison terms for up-to six months.

What is an example of insider trading?

Examples of insider trading that are legal include: A CEO of a corporation buys 1,000 shares of stock in the corporation. An employee of a corporation exercises his stock options and buys 500 shares of stock in the company that he works for. A board member of a corporation buys 5,000 shares of stock in the corporation.

What is the penalty for insider trading in Canada?

Under section 130 of the Canada Business Corporations Act, these penalties include fines up-to the greater of $1,000,000 or triple the amount of any profit made by such contravention. Penalties can also include prison terms for up-to six months. There are also penalties that can be imposed under the Criminal Code.