by Stockwatch Business Reporter
Pure Trading was once again the third most active alternative trading system in Canada for the week ended Jan. 18, 2013. Alpha Exchange held onto to its lead by trading an average of 143 million shares a day for 17.4 per cent of volume. Chi-X Canada followed with 82 million shares a day or 9.9 per cent of volume. Pure handled 32 million shares a day or 3.9 per cent. TMX Select came fourth with 15.4 million shares a day or 1.8 per cent. Omega ATS handled 14 million shares a day or 1.7 per cent, and dark pool Match Now handled 12.7 million shares a day or 1.5 per cent. Together, the ATSs captured 36.4 per cent of Canadian trading volume, leaving the Toronto Stock Exchange and the TSX Venture Exchange with a commanding 63.6 per cent.
Looking at stocks listed on the TSX, the exchange handled 57.5 per cent of volume. Alpha captured 19.2 per cent, Chi-X handled 12.2 per cent and the other ATSs had the remaining 11.1 per cent.
Despite 2012 being a tough year for listings, the TSX and TSX-V's 293 (down from 415 in 2011) still managed to beat all of the other exchanges in the world, according to the World Federation of Exchanges. The TSX and TSX-V have held the first place title for listings for four years in a row. In terms of equity capital raised, companies listed on the TSX and TSX-V raised $56.3-billion last year, the third highest in the world, moving up from sixth highest in 2011. Companies listed on the Nasdaq OMX raised the most money in 2012, followed by companies on the NYSE Euronext.