Toronto Stock Exchange (often abbreviated as TSX) is one of the largest stock exchanges in the world. , it has the greatest number of security listings of any exchange in North America and has the second-most listings worldwide. It is also the eighth largest exchange in the world by market capitalization. Based in Toronto, it is owned by and operated as a subsidiary of the TMX Group for the trading of senior equities. A broad range of businesses from Canada and abroad are represented on the exchange. In addition to conventional securities, the exchange lists various exchange-traded funds, split share corporations, income trusts and investment funds. More mining and oil and gas companies are listed on Toronto Stock Exchange than any other stock exchange.