- The 195 equities listed in both Canada and the US had average daily volume across both countries of 1.22 billion shares in November (-21.85% m/m).
- Of this total, 830.5 million (-27.14% m/m) traded in the US and 392.9 million (-7.66% m/m) in Canada, for a US-CAD split of 67.9%-32.1%.
- Looking at value traded, the gap is slightly lower, 66.9% traded south of the border compared to 33.1% north.
- The US OTC market traded 4.07% of the total value in single-listed Canadian securities, down 5 bps m/m.
- Average daily volume fell 15.89% m/m (+26.83% y/y), to 1.42 billion shares.
- Dark-pool market share rose 25 bps m/m (+43 bps y/y) to 6.50%.
- Hidden orders on lit markets executed 5.01% of Canadian volume in November, up 41 bps from October
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