TSX vs NYSE: hours, settlement and tech listings compared
How the Toronto Stock Exchange and the New York Stock Exchange differ for technology investors: trading hours, currency, settlement, price limits and the tech companies each one lists.
TSX: 09:30–16:00 local
NYSE: 09:30–16:00 local
Key differences
- On 19 October 2026 their regular sessions overlap for 6 h 30 min, between 13:30 and 20:00 UTC. The overlap changes when clocks move for daylight-saving time.
- TSX trades in CAD and NYSE in USD: returns for a foreign investor include the exchange-rate move. See currency moves.
- Both settle trades on T+1.
- In the next 12 months TSX has 10 weekday holidays and 1 early closes.
- In the next 12 months NYSE has 10 weekday holidays and 2 early closes.
Side by side
| TSX | NYSE | |
|---|---|---|
| Country | Canada | United States |
| Operator | TMX Group | Intercontinental Exchange (ICE) |
| Currency | CAD | USD |
| Local trading hours | 09:30–16:00 (America/Toronto) | 09:30–16:00 (America/New_York) |
| Your time today | — | — |
| Settlement | T+1 | T+1 |
| Price limits | No fixed daily limit. Single-stock circuit breakers pause sharp moves, and market-wide halts follow the US circuit breaker levels. | No fixed daily limit. Limit Up-Limit Down bands pause single stocks after sharp moves; market-wide circuit breakers halt trading after 7%, 13% and 20% falls in the S&P 500. |
| Minimum trading unit | Board lots of 100 shares for most stocks; odd lots also trade | 1 share |
| Regulator | Provincial securities commissions, led by the Ontario Securities Commission, with the Canadian Investment Regulatory Organization (CIRO) | U.S. Securities and Exchange Commission (SEC) |
| Technology benchmark | S&P/TSX Capped Information Technology Index | S&P 500 Information Technology sector |
| Main indices | S&P/TSX Composite, S&P/TSX 60 | NYSE Composite, S&P 500 (NYSE and Nasdaq stocks), Dow Jones Industrial Average (NYSE and Nasdaq stocks) |
| Listing boards | Toronto Stock Exchange, TSX Venture Exchange | NYSE, NYSE American, NYSE Arca |
Tech companies listed
TSX
NYSE
Examples of well-known listings, not recommendations.
More about each exchange
- Toronto Stock Exchange profile
- New York Stock Exchange profile
- Add a third exchange in the comparison tool
Guides
T+1 Settlement Explained: Which Markets Settle Next Day
The US, Canada and India already settle share trades in one day; the EU, UK and Switzerland plan to follow on 11 October 2027. What T+1 means for your cash, dividends and trades abroad.
Nasdaq vs NYSE: Where Tech Companies List and Why It Matters
Nasdaq and the NYSE share trading hours, regulator and T+1 settlement. What really differs for tech companies and investors, from index membership to listing tiers.
Growth Boards for Tech Companies Compared
Where young technology companies list around the world: AIM, Euronext Growth, First North, Scale, TSE Growth, STAR Market, ChiNext and KOSDAQ compared, with the risks for investors.