The firm, which announced that it has now been one year since its members began trading Canadian equities, said that Liquidnet Canada, Inc. was the country’s top ATS and in the first half, facilitating an average trade size of 77,000 shares, compared with an average trade size of 8,453 shares on the Toronto Stock Exchange.

“The pace at which liquidity in Canadian equities has consolidated into Liquidnet’s new, brokerless marketplace has been phenomenal,” said Robert Young, Liquidnet Canada president. “While liquidity continues to grow, we are now seeing pension and mutual fund managers reap benefits for their customers, as trade size and volume growth set new records each quarter.”

In the third quarter, Liquidnet Canada, Inc. offered its members a daily Canadian liquidity pool of approximately 175 million shares offered in more than 350 Canadian symbols and had an average daily volume of 732,800 shares traded.

Of Liquidnet’s 440 members worldwide, 177 traded Canadian securities during the quarter ended September 30.