| Prepared by William Lim, University of New Brunswick. 1. Go to www.tse.com. On this site there is an item labeled “GETTING LISTED”. Select that option and then choose “Listing on the Toronto Stock Exchange” highlighted in blue. On this page, select “REQUIREMENTS”. Identify the following items in Basic Listing Requirements for the Toronto Stock Exchange for domestic companies:
- Minimum Number of Public Float (freely tradable shares)
- Market Value of Public Float
- Minimum Number of Shareholders, each with one or more board lots
Are the above requirements different for oil and gas companies? 2. Go to the website for Nasdaq Canada’s info quotes at http://www.international.nasdaq.com/Nasdaq-Canada/NasdaqCanada.asp. A listing of companies will appear. Select a company (e.g., 724 Solutions) and click on its symbol (e.g., SVNX). On which markets or exchanges do the company’s stocks trade? Identify the high and low, based on the current day’s trading. Below each of the flash quotes a dialog box is present. Click the item labeled Fundamentals. Some basic information on the company will appear along with an additional submenu. One of the items is labeled Short Interest. When you select that item, a 12-month history of short interest will appear. Describe the trend, if any exists for short sales over the last year. What is meant by the term “Days to Cover” that appears on the history for the company? Now repeat the above process for two more companies. (Use the back button on your browser till you get back to the page listing all the companies.) Which of the companies has the largest relative amount of shares that have been sold short? | 
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