September 3, 2010
There are two major Canadian stock markets - the TSX or Tornto Stock Exchange and the TSXV or the Venture Exchange. These two markets allow publicly traded companies to list their shares for trade to the public. These two exchanges are both government regulated.
The difference between these two exchanges is that the more advanced companies which are typically less risky trade on the TSX. Blue chip stocks such as Research in Motion ( RIM ), Teck Comminco ( TCK ), etc all trade on the TSX. Large financial institutions such as banks and life insurance companies trade on the TSX.
The TSXV is mainly for junior companies have small market caps. These companies are typically in start up or development phases such as technology or biotech companies, or they are junior exploration companies such as mining and oil exploration companies. Often times a successful junior will move from the TSXV to the big board, the TSX.