What is ‘Vancouver Stock Exchange (VAN) .V’
A defunct stock exchange formerly located in Vancouver, British Columbia. A large number of small cap and exploration companies’ stocks were traded on this exchange. The Vancouver Stock Exchange finally merged into the Canadian Venture Exchange in 1999.
Explaining ‘Vancouver Stock Exchange (VAN) .V’
At one point the VSE listed about 2,300 stocks, a great many of which apparently were not very successful. The exchange provides a textbook example of how errors in floating point calculations can lead to enormous discrepancies in the correctness of the index reading. Ultimately, the VSE is an example of one of the world’s less successful stock exchanges.
Further Reading
- Opening a stock exchange – www.sciencedirect.com [PDF]
- Are financial assets priced locally or globally? – www.sciencedirect.com [PDF]
- The stock price impacts of overseas listings – www.jstor.org [PDF]
- Taking Stock: Historians and Canada's Securities Markets and Exchanges – www.utpjournals.press [PDF]
- The Relationship between Cash Holdings and Market Share by Using Static Model of Listed Firms in Tehran Stock Exchange – dergipark.org.tr [PDF]
- Financial reporting quality and investment efficiency of private firms in emerging markets – meridian.allenpress.com [PDF]
- Stock prices, news, and economic fluctuations – www.aeaweb.org [PDF]
