Electronic trading platforms captured almost a third (32%) of overall Canadian equity trading volume in 2023, with this share expected to rise in the next three years, a new report by Coalition Greenwich has found.
According to the report’s findings, this growing demand for electronic execution is driven partly by institutions’ search for natural block liquidity in small- and mid-cap stocks.
These stats echo another recent report which found that 37% of total 2023 equity trading volumes in the US were executed through algorithms and/or smart order routers, with this figure expected to reach 40% in the next three years.
Read more: E-trading platforms experienced increased share of US equity trading volume in 2023
Asset managers and brokers have been driven to automate their trading workflows and accomplish more with less to cope with reduced commission rates, budget restrictions and smaller…
