Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Toronto Stock Exchange To Make Cents Of Your Investments

Date 15/01/2001

On Monday, January 29, 2001 the Toronto Stock Exchange (TSE) will begin trading all stocks with a trading price greater than $5.00 in penny increments. The move to penny trading is the next stage in decimal trading for the TSE, which in 1996, became the first exchange in North America to introduce decimal trading.

Currently, all TSE listed stocks, with a trading price greater than or equal to $5.00, trade in nickel increments. Stocks trading at a price less than $5.00 already trade in penny increments. Stocks with a trading price less than $0.50 will continue to trade in half cent increments.

The Toronto Stock Exchange consistently ranks among the world's top exchanges by market capitalization and trading volume. In 2000, it was the TSE's best trading year ever as the average daily value topped $3.75 billion. The TSE provides investors with a well-regulated, fair and accessible marketplace.