Equity trading activity on the markets overseen by the Canadian Investment Regulatory Organization declined in the second quarter, but remained elevated compared with the same period a year ago.
According to data from the industry self-regulatory organization, the total value of trading across the various exchanges and alternative trading systems it regulates declined by 3.5% in the second quarter, compared to the first quarter.
At the same time, the number of trades was down 7.7% on a quarter-over-quarter basis, and the total volume dropped by 16.7%.
While total trading activity declined on a quarterly basis, it remained much higher than it was in the second quarter a year ago.
On a year-over-year basis, total trading volume was still up 19.5% in the second quarter, and the value traded was up 39% from $1.6 trillion in Q2 2025 to $2.2 trillion in the quarter this year.