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What does TSX stand for in the stock market?

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Quick Answer

TSX stands for the Toronto Stock Exchange, which is the largest stock exchange in Canada. It was established in 1852 and incorporated in 1878. The exchange was formerly called the TSE.

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Full Answer

The Toronto Stock Exchange mostly contains commodity stocks, with a focus on crude oil because of the sizable natural resources located in Canada. Many Canadian businesses are represented on the exchange, and it includes split-share funds, split-share corporations, income trusts and investment funds. In 1997, the exchange closed its trading floor and became entirely electronic. The TSX is owned and operated by the TMX Group, based in Toronto, Ontario.

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