Brief past history of the Nasdaq Canada stock market which was founded in 2000 as a subsidary of the Nasdaq Stock Market (presently Nasdaq OMX).

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

Nasdaq Canada is a subsidiary of the Nasdaq Stock exchange Inc. Putting into simple words, this is the Nasdaq Stock market extended within Canada. Through the Nasdaq Canada Canadian financiers have instant trading access to all Nasdaq specified stocks which permit to increase capital more successfully. At first Nasdaq Canada has been moderated jointly by the NASDR and the Quebec Securities Payment (CVMQ) as well as 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 developed. The ticker symbol of this index is ^ CND. Already by the end of 2000 year 142 companies were shown on the Nasdaq Canada. At the starting simply 10 Canadian brokerage firms participated in thetrading system: Scotia Funding Markets, CIBC WorldMarkets Corp., TD Securities, BMO Nesbitt Burns, Canaccord Capital, Capital Casgrain & Firm, Mouvement Desjardins, NBC International, Inc. (U.S.A), Pictet Overseas, Yorkton Capital (U.S.A). All these broker agent residences were able to trade greater than 5,000 public business listed on the Nasdaq Stock Exchange during that time. The initial head of state of the Nasdaq Canada was Helen Kearns. Helen M Karens was responsible for leading the overall operation, development, and development of the company. A citizen of Montreal, Ms. Kearns had more than Twenty Years experience in the Canadian capital markets as a professional in underwriting as well as financial advisory solutions for higher growth, brand-new economic situation business. Nevertheless, on July 2004, as the Nasdaq announced the closing of Nasdaq Canada's workplace in Montreal as well as relocating all its procedures to The big apple City. Adams Nunes has come to be a new leader of the Nasdaq Canada. At the current moment NASDAQ is the largest UNITED STATE digital. More than 3,000 Canadian and UNITED STATE companies are listed on this exchange. You could discover business from the various market sectors including however not restricted by technology sector, retail sector, communications, economic solutions, transport, media as well as biotechnology"Study in Motion Limited" (RIMM), "Open Text Corporation" (OTEX), "Pan The united state Silver Firm" (PAAX), "SXC Health and wellness Solution Company" (SXCI), "Silver Criterion Resources, Incorporated" (SSCI) are some of the biggest Canadian firms traded on the Nasdaq Canada securities market. Next to Nasdaq Canada Canadian public business are detailed and also traded on the Toronto Stock market (TSX)-- among the most significant Canadian stock exchange. TSX Team also owns the TSX Endeavor Exchange (formerly called Canadian Venture Exchange) which is situated in Calgary, Alberta and also has offices in Montreal, Vancouver, Winnipeg and Toronto.

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