Brief record of the Nasdaq Canada stock exchange which was established in 2000 as a subsidary of the Nasdaq Stock Market (currently Nasdaq OMX).

Short past history of the Nasdaq Canada stock market which was started in 2000 as a subsidary of the Nasdaq Stock Market (currently Nasdaq OMX).

Nasdaq Canada is a subsidiary of the Nasdaq Stock exchange Inc. Embeding simple words, this is the Nasdaq Stock market expanded within Canada. By way of the Nasdaq Canada Canadian investors have prompt trading access to all Nasdaq noted stocks which enable to raise capital more efficiently. At first Nasdaq Canada has actually been regulated jointly by the NASDR and also the Quebec Securities Commission (CVMQ) and was opened up on 21 November 2000 in Montreal, Quebec, Canada. At the very same time as Nasdaq launched its trading system in Canada the Nasdaq Canada Index was produced. The ticker sign of this index is ^ CND. Already by the end of 2000 year 142 business were noted on the Nasdaq Canada. At the starting just ten Canadian brokerage companies participated in thetrading platform: Scotia Resources Markets, CIBC WorldMarkets Corp., TD Securities, BMO Nesbitt Burns, Canaccord Funding, Resources Casgrain & Company, Mouvement Desjardins, NBC International, Inc. (U.S.A), Pictet Overseas, Yorkton Resources (UNITED STATE). All these brokerage firm houses were able to trade greater than 5,000 public business provided on the Nasdaq Stock market back then. The first head of state of the Nasdaq Canada was Helen Kearns. Helen M Karens was responsible for leading the total operation, development, as well as development of the firm. A citizen of Montreal, Ms. Kearns had over 20 years dealing with in the Canadian funding markets as a specialist in underwriting and also monetary advisory solutions for high development, new economic situation companies. Nonetheless, on July 2004, as the Nasdaq revealed the closing of Nasdaq Canada's office in Montreal and also relocating all its procedures to The big apple City. Adams Nunes has actually become a brand-new leader of the Nasdaq Canada. At the current moment NASDAQ is the biggest U.S. digital. Greater than 3,000 Canadian and also U.S. companies are listed on this exchange. You might discover business from the various market industries consisting of but not limited by modern technology sector, retail sector, interactions, economic services, transport, media and biotechnology"Study in Motion Limited" (RIMM), "Open Text Corporation" (OTEX), "Skillet America Silver Corporation" (PAAX), "SXC Health Option Corporation" (SXCI), "Silver Specification Resources, Incorporated" (SSCI) are some of the biggest Canadian business traded on the Nasdaq Canada stock exchange. Next to Nasdaq Canada Canadian public business are specified as well as traded on the Toronto Stock market (TSX)-- one of the most significant Canadian stock exchange. TSX Group additionally possesses the TSX Endeavor Exchange (recently called Canadian Venture Exchange) which is located in Calgary, Alberta and has workplaces in Montreal, Vancouver, Winnipeg and also Toronto.

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