TORONTO, Nov. 28, 2014 /CNW/ - TMX Group today announced that TSX Venture Exchange (TSXV) is celebrating its 15th anniversary.
"There is no other public venture market like TSX Venture Exchange anywhere in the world," said John McCoach, President, TSX Venture Exchange. "Today marks an important milestone for us; we look forward to providing early-stage companies with the access to capital they need to fuel their business strategies for many years to come."
In 1999, Canadian Venture Exchange (CDNX) was formed when the Vancouver and Alberta Stock Exchanges merged. The Canadian Dealing Network, Winnipeg Stock Exchange and equities portion of the Montreal Exchange later merged with CDNX. In 2001, Toronto Stock Exchange (TSX) acquired CDNX and renamed it TSX Venture Exchange in 2002.
Today, TSXV is home to almost 2,000 issuers with total market capitalization of $28.9 billion. Since November 1999, TSXV issuers have raised $81.5 billion in equity capital, with $4.3 billion of that total year-to-date October 2014. Since January 2000, more than 600 companies have graduated from TSXV to TSX where they have raised $87 billion in equity capital.
As one of the world's leading public venture markets, TSXV provides access to growth capital for small and early stage companies while offering investors a well-regulated market. It has become a global leader for mining and energy finance, as well as technology and innovation financings.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
SOURCE Toronto Stock Exchange
Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814-8834, catherine.kee@tmx.comCopyright CNW Group 2014