- The 205 equities listed in both Canada and the US had average daily volume across both countries of 1.16 billion shares in July (-12.10% m/m).
- Of this total, 853.4 million (-13.04% m/m) traded in the US and 302.7 million (-9.35% m/m) in Canada, for a US-CAD split of 73.8%-26.2%.
- Looking at value traded, the US-CAD split is less pronounced, at 62.51% south of the border to 37.49% north.
- The US OTC market traded 3.53% of the total value in single-listed Canadian securities, down 36 bps m/m.
- Average daily volume fell 1.51% m/m (+44.01% y/y), to 1.18 billion shares.
- Dark-pool market share increased 5 bps m/m (+71 bps y/y) to 6.59%.
- Hidden orders on lit markets executed 11.60% of Canadian volume in July, up 35 bps from June.
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