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Canadian Trading Monthly

Canadian Trading Monthly
  • The 206 equities listed in both Canada and the US had average daily volume across both countries of 650.7 million shares in February (+7.89% m/m).
  • Of this total, 386.5 million (+6.24% m/m) traded in the US and 264.2 million (+10.40% m/m) in Canada, for a US-CAD split of 59.4%-40.6%, compared with 60.3%-39.7%, in January.
  • The US OTC market traded 3.07% of the total value in single-listed Canadian securities, down 35 bps m/m.
  • Market-wide Canadian ADV (including single-listed names) increased 3.56% m/m (-12.98% y/y), to 928.2 million shares.
  • Dark-pool market share rose 3 bps m/m (+4 bps y/y) in February, to 5.80%.
  • Hidden orders on lit markets executed 3.87% of Canadian volume in February, up 20 bps from January.

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