- The 201 equities listed in both Canada and the US had average daily volume across both countries of 1.42 billion shares in September (+35.76% m/m).
- Of this total, 982.3 million (+38.03% m/m) traded in the US and 435.6 million (+30.89% m/m) in Canada, for a US-CAD split of 69.3%-30.7%.
- Looking at value traded, the US-CAD gap is somewhat less pronounced, at 63.75% south of the border to 36.25% north.
- The US OTC market traded 4.58% of the total value in single-listed Canadian securities, up 32 bps m/m.
- Average daily volume jumped 33.43% m/m (+48.50% y/y), to 1.57 billion shares.
- Dark-pool market share fell 24 bps m/m (+15 bps y/y) to 6.25%.
- Hidden orders on lit markets executed 4.58% of Canadian volume in September, down 49 bps from August.
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