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Canadian Trading Monthly

Canadian Trading Monthly
  • The 202 equities listed in both Canada and the US had average daily volume across both countries of 603.1 million shares in January (-19.80% m/m).
  • Of this total, 363.8 million (-20.46% m/m) traded in the US and 239.3 million (-18.77% m/m) in Canada, for a US-CAD split of 60.3%-39.7%, compared with 60.8%-39.2%, in December.
  • The US OTC market traded 3.42% of the total value in single-listed Canadian securities, up 74 bps m/m.
  • Market-wide Canadian ADV (including single-listed names) fell 13.66% m/m (-12.77% y/y), to 896.3 million shares.
  • Dark-pool market share rose 68 bps m/m (+45 bps y/y) in January, to 5.77%.
  • Hidden orders on lit markets executed 3.67% of Canadian volume in January, up 14 bps from December.

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