Market Metrics That Matter: Your Monthly Canadian Cash Equities Volume Briefing

September Highlights

• Canadian volumes are strong at 1.57 billion Average Daily Volume (ADV), up 33% month-over-month
• Cboe Canada total market share is 12.25%
• Record monthly ADV on Cboe BIDS Canada of 4.3 million shares traded
• On September 30, Cboe successfully launched visible Primary Peg order type on NEO-L and NEO-N

Upcoming Changes

• October 27, 2025: Cboe Canada plans to implement updated hours of operation for pre-open session to 7:00 a.m. - 9:30 a.m. on NEO-D and MATCHNow
• February 2, 2026: Cboe Canada plans to launch Dedicated Cores, a new optional infrastructure service, subject to regulatory approval. Dedicated Cores can provide reduced latency, enhanced throughput, and improved performance. Members using Dedicated Cores will be utilizing the full processing power of their CPU cores instead of sharing power with other Members, ultimately improving client workflow.

New Listings

Three BMO Exchange Traded Funds (ETFs)

• BMO BBB CLO ETF (ZBBZ)
• BMO BBB CLO ETF - USD Units (ZBBZ.U)
• BMO BBB CLO ETF - Hedged Units (ZBBZ.F)

Ten BMO Canadian Depositary Receipts (CDRs)

• Sanofi CDR (SAN)
• AXA CDR (AXA)
• SocGen CDR (SOCG)
• Rheinmetall CDR (RHM)
• Heineken CDR (HEIA)
• LVMH CDR (LV)
• Hermes CDR (HERM)
• L’Oreal CDR (LOR)
• TotalEnergies CDR (TTE)
• BNP Paribas CDR (BNP)

Insights and News

• How Cboe is Supporting the Growing ETF Market
• Cboe Plans to Launch Cash-Settled Futures and Options on New Index Tracking Tech and Growth-Orientated U.S. Stocks
• Cboe Plans to Launch Continuous Futures for Bitcoin and Ether, Beginning November 10

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