SPREAD OF MARKET FRAGMENTATION IN CANA DA
The Canadian equities market has been quietly going through major market structure changes
over the last five years. Often overlooked by its much larger neighbor down south, the Canadian
market has nonetheless transformed considerably since the introduction of first ATS in the
market in 2005.Most recently, after spurning the courtship of the LSE, the TMX Group was
ultimately acquired by the Maple Group,7
a consortium of major market players in Canada.