Stock Market Competition Leonard Jin, Jordan Li, Katharine Qi, Tong Wei, Strahinja Cekic FINA3041-Portfolio Management March 18, 2015 Introduction The Standard and Poor’s Toronto Stocks Exchange (S&P/TSX) Composite Index is the broadest measure of the Canadian equity market (Atkinson & Green, 2013). Included in this index are the S&P/TSX 60, S&P/TSX SmallCap indices, and the S&P/TSX MidCap. To be included in the S&P/TSX index, companies must have been listed on the Toronto Stocks Exchange for at least twelve months and must meet certain size and liquidity requirements. The value, volume, and number of transactions taken together must be at least 0.025% of the same sum done for all the companies trading on the Toronto Stocks …show more content…
The Citygroup Inc is an American international bank headquartered in New York. It is ranked as the largest bank holding company in the United States by assets with largest shareholders coming from Singapore and the Middle East. Before, the Global recession of the year 2008, Citigroup was the largest company and bank worldwide by total asset. Royal Bank of Canada is another company selected for the six-week trade simulation. The Royal Bank of Canada, also known as RBC Bank, is the largest financial institution in Canada serving approximately 18 million clients. The company is headquartered in Montreal while its operational head offices are in Toronto. The bank was ranked at 50 by Forbes Global 2000 in the year 2013 and as the biggest Canadian company by capitalization and revenue by The Global and …show more content…
Stock Trade History Canadian Stock Trade History References Atkinson, H., & Green, D. (2013). The New Investment Frontier III: A Guide to Exchange Traded Funds for Canadians. Toronto: Insomniac Press. Adu, B., & Tsiyon, U. (1982). Causes of risk of stocks traded on the Toronto Stock Exchange. Berlin: Wissenschaftszentrum Berlin. Cleary, S. (2009). Canadian Securities Exam Fast-Track Study Guide. Vancouver: Simon Fraser University. Dawn, A. (2003). Invest Now. New Jersey: iUniverse. Gillen, J. (2009). The Key to Speculation on the New York Stock Exchange. Philadelphia: Jessica Kingsley. Griffiths, A. (2005). Count Yourself. New York: Springer. Jeddi, M. (2005). The impact of the new issue of equity warrants on the Toronto Stock Exchange- listed stocks. Ottawa: Library and Archives Canada = Bibliothèque et Archives Canada. Learn2suceed, (2012). Stock Market Investing for Beginners: How to Grow your Wealth in Uncertain Times. Toronto: Productive Publications. Martin, T. (2009). Investing for Dummies. New York: Wiley. Teweles, J., & Bradley, E. (1998). The Stock Market. Kentucky: University of