Chi-X® Canada ATS Limited, a wholly owned subsidiary of alternative trading venue operator Chi-X® Global Holdings LLC, today announced a market share of 10.35% in May,a new firm-record for a calendar month. This was the second consecutive month in which Chi-X Canada achieved a market share record, and follows strong market share growth for the ATS since January.
| Market Share |
May 2012 |
April 2012 |
Mar 2012 |
Feb 2012 |
Jan 2012 |
|
Volume |
10.35% |
10.01% |
9.10% |
8.52% |
8.37% |
|
Value |
11.64% |
11.90% |
10.30% |
10.29% |
10.61% |
|
Trades |
19.47% |
19.45% |
18.09% |
17.93% |
18.47% |
“Chi-X Canada continues to drive competition and improve trading efficiencies through the introduction of innovative solutions and unique pricing. In response, our participants have pushed our market share to firm-record levels, such as on May 30 when we traded 12.6% of the overall market volume of TSX-listed securities,” said Dan Kessous, CEO, Chi-X Canada.
He continued: “Over the coming months, Canada’s equity landscape could change dramatically, making the need for healthy competition even more acute. Chi-X Canada will continue to advocate for positivemarket structure change, which we believe provides unquestionable benefits to all market participants.”
