Composition of the TSX and the NYSE .
TSX Composition.
The TSX states, "Our greatest assets are the talent and experience of our people. As Canada's premier securities market, we've attracted motivated and adaptable employees with business acumen and a customer service focus, who enjoy working in a team environment.".
The TSX has more than 530 employees that are specialists in areas such as information systems, trading, corporate finance services, law, marketing and communications, finance and human resources. Employees have easy access to the expertise and input of their colleagues as well as resources provided by TSX Group, such as an extensive electronic library, professional development programs, industry publications and up-to-date technology (TSX Group, 2003).
The Toronto Stock Exchange market represents companies from different industries, including technology, mining, oil and gas, communications, life sciences, manufacturing and financial services ( TSX Group, 2003).
Mining .
Canada, a country rich in natural resources, has a long history and significant expertise in the mining industry. Toronto Stock Exchange, as Canada's senior exchange, is a world leader in helping mining companies raise capital. Mining companies compete globally for markets, projects and financing dollars. Toronto Stock Exchange works with mining companies around the world to help ensure a vital market for mining securities (TSX Group, 2003).
Technology .
Valued at $91 billion, more than 140 technology companies trade on Canada's premier stock exchange. Over seven billion technology shares valued at $133 billion changed hands in 2001, representing 19% of total Toronto Stock Exchange trading volume. In 2001 there were 36 technology companies in the S&P/TSX Composite Index, representing 22% of the total trading volume ( TSX Group, 2003).
Oil & Gas.
There are 164 oil and gas companies listed on the Toronto Stock Exchange, valued at more than $284 billion.
