Canadian Securities Exchange


Canadian Securities Exchange, formerly the Canadian National Stock Exchange, is an alternative stock exchange in Canada. It was the first full stock market to be approved by the Ontario Securities Commission in the past 70 years. The CSE offers simplified reporting requirements and reduced barriers to listing. It is an alternative for micro cap and emerging companies. It had been known as CNQ until the organization re-branded itself in November 2008. It is fully automated, rather than using the traditional "open outcry" physical trading floor system.
The CSE is located in Toronto, Ontario, and maintains a branch office in Vancouver, British Columbia.
In September 2007, CNSX introduced a service called Pure Trading, an electronic communication network where most of the stocks listed on the Toronto Stock Exchange can be traded.
In September 2013, Ned Goodman, CEO of Dundee Corporation, bought 1/3 of CNSX and joined its board. At that time it had 200 listings. In January 2014, CNSX changed its name to CSE.
In February 2015, the CSE Composite Index was launched as a broad indicator of market activity for the CSE. With approximately 75% coverage of all equities listed on the CSE, the Composite Index is uniquely positioned to gauge the Canadian small cap market. Reuters and Bloomberg publishes CSE composite index under the ticker CSECOMP. The index provides a distinctly different risk/return profile than the broad Canadian equity market.

Hours

The exchange's normal trading sessions are from 9:30 a.m. to 4:00 p.m. ET on all days of the week except Saturdays, Sundays, and holidays declared by the exchange in advance.

Ownership

In 2009, DundeeWealth stated that it had made an unspecified but "strategic" investment in CNSX.