CANADIAN MARKET STRUCTURE REVIEW – THIRD QUARTER, 2017
The third quarter brought dramatic changes to the structure and the liquidity profile of the Canadian equity markets. Much of that change results from increasing levels of broker internalization of the smallest and most benign orders. In this quarter’s Canadian Market Structure Update, we take a deeper look at how you will need to adjust your routing behavior to better increase your odds of capturing the passive side of the quote.
Doug ClarkContributors Managing Director, Head of Research, Canada