The Canadian stock market is among the world's biggest and most important stock markets. It is composed of the Toronto Stock Exchange (TSX), currently the ninth largest exchange in the world by market capitalization. More mining, oil, and gas companies are listed on the TSX than on any other stock exchange worldwide. It represents over 2,000 listed companies. The second Canadian stock exchange is the TSX Venture Exchange (TSXV). Both these exchanges are operated by the TMX Group.
The third exchange is the Canadian Securities Exchange (CSE), operated by CNSX Markets Inc. This is the fastest growing stock exchange in Canada and it supports micro cap and emerging companies. The Canadian stock market features actively traded companies such as WestJet Airlines, Cenovus Energy, Royal Bank of Canada, Yamana Gold, Loblaw Companies, and Bombardier. The benchmark index is the S&P/TSX, which tracks the performance of the largest TSX listed companies by market capitalization. It covers approximately 95 percent of the national equities market.
NEO is comprised of the NEO Exchange and NEO Connect, a group of established fintech companies that provide capital markets infrastructure designed for and led by the industry. The NEO Exchange is home to 100+ unique listings in Canada (see here
) including public companies, Special Purpose Acquisition Companies (SPACs), Exchange Traded Funds (ETFs), and Closed-End Funds (CEFs). NEO trades all Canadian listed securities, and makes its data available in real-time for investors for free.