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by Stockwatch Business Reporter

Pure Trading and the other alternative trading systems captured 24.6 per cent of the total Canadian volume (including listings on the Toronto Stock Exchange, the TSX Venture Exchange and the Canadian National Stock Exchange) during the week ended Aug. 27, 2010. The most active ATS was Alpha Trading Systems which traded an average of 136.6 million shares per day, followed by Chi-X Canada with an average of 36 million shares per day. Pure Trading was the third most active ATS, trading an average of 11.7 million shares per day, and Omega ATS took last place with 36.3 million shares a day.

This week Chi-X said that in July it traded a total of 748 million shares, up 101 per cent from the same month last year when it traded 371.8 million. Alpha, by comparison, traded 2.79 billion shares, up 116 per cent from 1.29 billion shares last July. Pure also increased its total trading volume. It traded 379.8 million shares, up 82 per cent from 208.5 million shares in 2009. A year ago the ATSs took about 15 per cent of the total market share. Today they capture about 25 per cent, but they plateaued in late January, which may mean the TMX Group is having some success holding them off for now.

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