NEX

NEX
A separate board on the TSX Venture exchange, which provides a unique trading forum for listed companies that no longer meet the TSX Venture's ongoing listing standards. The NEX is designed for companies that have low levels of business activity or have ceased to carry on active business. It benefits such companies by giving their stocks a degree of liquidity and providing visibility that may attract potential acquirers or investors. These companies are identified by an "H" or "K" extension to their trading symbols.

Prior to the launch of NEX by the TSX Group, companies that could not meet the TSX Venture's continuous listing criteria were designated as "inactive" and given 18 months to either meet the listing standards or be delisted. The introduction of NEX relieves such companies of the tremendous pressure of a delisting deadline, and gives their management and shareholders another opportunity to turn things around.

Note that NEX companies must continue to meet the same disclosure standards applicable to all Canadian public companies, and must also maintain good standing with the relevant Canadian securities commissions.


Investment dictionary. . 2012.

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  • NEX — abbr. Navy exchange. * * * …   Universalium

  • nex|us — «NEHK suhs», noun, plural us or us|es. 1. a connection; tie; link: »The cash nexus…was…a new role for the Grocer as cosmopolitan specialist (Harper s). Cash Payment…the universal sole nexus of man to man (Thomas Carlyle). 2. a connecte …   Useful english dictionary

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  • Nex — Coordinates: 1°22′10.7″N 103°50′54.6″E / 1.369639°N 103.8485°E / 1.369639; 103.8485 …   Wikipedia

  • Nex — Christiane Nex (* 30. November 1973) ist eine italienische Skibergsteigerin. Erfolge (Auswahl) 2004: 3. Platz bei der Weltmeisterschaft Skibergsteigen Staffel mit Annamaria Baudena und Gloriana Pellissier 6. Platz bei der Weltmeisterschaft… …   Deutsch Wikipedia

  • Nex Entertainment — Type Private Industry Software programming Founded September 28, 1992[1] Headquarters Tokyo, Japan …   Wikipedia

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