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Canadian Trading Monthly

Canadian Trading Monthly
  • We present 2024 year-in-review stats for market-wide Canadian trading in a special section beginning on page 15.
  • The 200 equities listed in both Canada and the US had average daily volume across both countries of 835.6 million shares in December (+4.05% m/m).
  • Of this total, 532.7 million (+5.50% m/m) traded in the US and 302.9 million (+1.59% m/m) in Canada, for a US-CAD split of 63.7%-36.3%, compared with 62.9%-37.1% in November.
  • The US OTC market traded 3.21% of the total value in single-listed Canadian securities, down 9 bps m/m.
  • Market-wide Canadian ADV (including single-listed names) increased 0.81% m/m (+9.05% y/y), to 1,132.0 million shares.
  • Dark-pool market share decreased 57 bps m/m (+92 bps y/y) to 5.50%.
  • Hidden orders on lit markets executed 4.33% of Canadian volume in December, down 31 bps from November.

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