August 13, 2026
- The 197 equities listed in both Canada and the US had average daily volume across both countries of 808.5 million shares in July (-19.27% m/m).
- Of this total, 495.9 million (-21.30% m/m) traded in the US and 312.6 million (-15.83% m/m) in Canada, for a US-CAD split of 61.3%-38.7%.
- Looking at value traded, Canada claimed the majority at 51.7%, with the US at 48.3%.
- The US OTC market traded 4.25% of the total value in single-listed Canadian securities, down 136 bps m/m.
- Average daily volume fell 20.94% m/m (-6.94% y/y), to 1.10 billion shares.
- Dark-pool market share rose 42 bps m/m (+121 bps y/y) to 7.80%.
- Hidden orders on lit markets executed 5.76% of Canadian volume in July, up 41 bps from June
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