Trading
Cboe Canada offers four distinct trading venues: NEO-L, NEO-N, NEO-D, and MATCHNow. Our venues offer reliable liquidity, price improvement, reduced order fragmentation, larger fill sizes, and faster times to trade.
Market Activity by Venue (All Canadian Venues)
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Top 10 by Volume - Cboe Canada Listed
| Symbol | Name | Last | Change % | Volume |
|---|---|---|---|---|
| FEQT | FIDELITY ALL-IN-ONE EQUITY ETF | $14.83 | 0.47 | 1,783,927 |
| FBAL | FIDELITY ALL-IN-ONE BALANCED ETF | $13.35 | 0.23 | 1,131,525 |
| SMCI | SUPERMICRO CDR (CAD HEDGED) | $14.51 | 4.77 | 846,557 |
| HISA | HIGH INTEREST SAVINGS ACCOUNT FUND | $50.07 | -0.02 | 743,329 |
| DEFI | DEFI TECHNOLOGIES INC. | $3.76 | 3.87 | 438,532 |
| FGRO | FIDELITY ALL-IN-ONE GROWTH ETF | $15.49 | 0.39 | 397,504 |
| BTQ | BTQ TECHNOLOGIES CORP. | $4.38 | 0.00 | 382,940 |
| LULU | LULULEMON CDR (CAD HEDGED) | $10.80 | 0.75 | 292,753 |
| ALGO | LIGHT AI INC. | $0.33 | -1.49 | 286,002 |
| UNH | UNITEDHEALTH CDR (CAD HEDGED) | $14.46 | -1.97 | 228,731 |
Four Trading Venues
NEO-L is a transparent and protected marketplace that provides:
- Primary listings exchange for Cboe Canada listed securities
- Priority for natural investors
- Market making programs that reward liquidity providers with balanced matching prioritization
- Opening and Closing Auction for Cboe Canada listed securities
NEO-N is a transparent marketplace that provides:
- Priority for natural investors
- A speed bump that allows passive orders to interact with natural liquidity takers efficiently
- Size-time matching with single fill priority
- Market-By-Price Market Data feed (aggregated orders by price level)
- Opportunity to earn a rebate for active orders
NEO-D is a dark marketplace that provides:
- Price improvement opportunities versus the protected NBBO
- Opportunity to earn a rebate for active orders
- Price/Time priority that provides a level playing field for all participants
MATCHNow is a dark marketplace that provides:
- Price improvement opportunities versus the protected NBBO
- Anonymity and protection by minimizing information leakage and market impact
- Consistent liquidity and certainty of execution
- Reduced trading and execution costs by facilitating broker internalization
- Unique matching opportunities through randomized call auctions and willing to trade feature
- Block trading opportunities through Cboe BIDS Canada, a non-displayed, conditionals execution platform allowing Canadian brokers and global buy-side clients to trade large blocks of Canadian equities without revealing their order information to the broader market