The Vancouver Stock Exchange VSE was a stock exchange based in Vancouver , British Columbia.

It was incorporated On November 29, the VSE was merged into the Canadian Venture Exchange CDNX. It was incorporated [1] and was the third major stock exchange in Canada, after the Toronto Stock Exchange TSX and Montreal Stock Exchange MSE , and featured many small-capitalization, mining, oil and gas-exploration stocks.

Vancouver Stock Exchange - Wikipedia

In , Forbes magazine labelled the VSE the "scam capital of the world. Some local figures [ citation needed ] stated that the majority of these stocks were either total failures or frauds. The trading floor of the old VSE remained as the trading floor of the new CDNX.

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The history of the exchange's index provides a standard case example of large errors arising from seemingly innocuous floating point calculations. In January the index was initialized at and subsequently updated and truncated to three decimal places on each trade. Such a thing was done about times each day. The accumulated truncations led to an erroneous loss of around 25 points per month. Over the weekend of November 25—28, , the error was corrected, raising the value of the index from its Friday closing figure of Cruise, David; Griffiths, Alison.

The Inside Story of the Vancouver Stock Exchange. From Wikipedia, the free encyclopedia.

Vancouver Stock Exchange Type Regional stock exchange Location Vancouver , British Columbia , Canada Founded Closed November 29, The Vancouver Stock Exchange VSE was a stock exchange based in Vancouver , British Columbia.

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