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An employee sits below a television screen showing stock information at the Tradeworx office in Red Bank, New Jersey November 17, 2009. New figures suggest high frequency trader activity in Canada is on the decline.
An employee sits below a television screen showing stock information at the Tradeworx office in Red Bank, New Jersey November 17, 2009. New figures suggest high frequency trader activity in Canada is on the decline.
(MIKE SEGAR/REUTERS)

High-frequency-trader activity on the decline in Canada

High-frequency-trader activity in Canada is by one measure on the decline.

The latest numbers from an Investment Industry Regulatory Organization of Canada study of HFT activity suggest there are about 60 trader user IDs in Canada that represent activity that could be HFT. Those user IDs generated 16 per cent of equity volume, 24 per cent of trading value and 35 per cent of all trades in Canada during the period from January 2012 to June 2013. That’s down sharply from the 22 per cent of volume, 32 per cent of value and 43 per cent of trades that IIROC measured in a look at the months of August, September and October 2011.