History and FactsThe early days of the Toronto Stock Exchange can be traced back to the 1850's. Dozens of local brokers expanded this financial institution with abundant funding from optimistic investors nationwide. By the 1870's, the TSX received official incorporation status from the Legislature of Ontario. At the outbreak of World War I, the exchange boomed to unprecedented levels. However, the Stock Market Crash of 1929 in New York City had an immediate impact on Toronto's thriving financial industry. During the height of the Great Depression, the TSX recovered and gained high status on the rankings of the North American market. The opening of a new trading floor on Bay Street in 1937 marked a new chapter in the entity's history. In the early 1980's, the institution relocated to the Exchange Tower. Since 2011, the TMX Group has been the main company in charge of the transactions of Toronto's largest stock market.
Architecture and DesignThe Toronto Stock Exchange is one of the most important tenants at the Exchange Tower. Having an architectural height of 479 feet, this skyscraper was completed in 1983. WZMH Architects was the head firm that designed this building in the International style. Notable exterior features of the Exchange Tower include a granite facade with glass windows that reflect several other neighboring high-rise properties. This 36-floor tower neighbors the 72-level First Canadian Place, one of the tallest skyscrapers in Canada. If you're interested in the early architectural aspects of the TSX, check out the Toronto-Dominion Centre, one of the most prominent buildings in the city. This modern skyscraper retains an original Art Deco facade that was designed for the stock exchange in the 1930's. Peter Schoen sculpted the beautiful frieze that was supposed to make great impressions on traders entering the new building. Click to book your Toronto tours. The former home of the TSX has been converted into the Design Exchange Museum, which has a permanent collection of items relating to industrial design in Canada. When you enter this museum, you'll see other original interior design aspects of the historic stock exchange. For example, the ceilings have the gold leaf elements that symbolize wealth and industry. Colorful panels and murals also decorate the walls and ceilings of the interior space that's now used by the Design Museum. These decorative elements depict important events during the Great Depression, which severely impacted the Canadian market and the American economy.
Visiting the Toronto Stock ExchangeThe Toronto Transit Commission (TTC) 304, 503 and 504 streetcars stop just steps away from the Toronto Stock Exchange, which stands at the corner of King Street and York Street in the Financial District. Located just one block away from the TSX, St. Andrew Station is part of the Yonge-University line of the TTC Subway. Union Station stands just a few blocks south of the stock exchange. Go Transit commuter trains and the Union Pearson Express trains operate at this major transit hub. There are also plenty of parking garages available along University Avenue, Wellington Street and other roads that run through the busy neighborhood.
Location: 130 King Street West, Toronto, Ontario, Canada, M5X 1J2
Click here to visit Toronto Stock Exchange official website.Published On: 2019-06-12
Updated On: 2019-06-14
Note: This information can change without notice. Confirm all details directly with the company in question.