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Canadian Trading Monthly

Canadian Trading Monthly
  • The 201 equities listed in both Canada and the US had average daily volume across both countries of 689.9 million shares in May (-9.63% m/m).
  • Of this total, 406.8 million (-15.60% m/m) traded in the US and 283.1 million (+0.58% m/m) in Canada, for a US-CAD split of 59.0%-41.0%, compared with 63.1%-36.9%, in April.
  • The US OTC market traded +2.89% of the total value in single-listed Canadian securities, down 36 bps m/m.
  • Market-wide Canadian ADV (including single-listed names) fell 7.71% m/m (+17.09% y/y), to 969.9 million shares.
  • Dark-pool market share was flat m/m, at 5.69%.
  • Hidden orders on lit markets executed 4.04% of Canadian volume in May, up 18 bps from April.

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