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Canadian Trading Monthly

November 18, 2020

• The 190 equities listed in both Canada and the US had average daily volume across both countries of 564.1 million shares in October, up 5.47% m/m.

• Of this total, 309.3 mn (-18.17% m/m) traded in the US and 254.8 mn (-8.23% m/m) in Canada, for a US-CAD split of 54.8%-45.2%, compared with 57.7%-42.3% in September.

• The US OTC market traded 3.78% of the total value in single-listed Canadian securities, up 17 bps m/m.

• Market-wide Canadian ADV (including single-listed names) fell 8.46% m/m (+31.29% y/y), to 1.08 billion shares.

• Dark-pool market share climbed 25 bps m/m (-435 bps y/y) in October, to 4.53%.

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