In July, Cboe Canada represented 12.7% market share. Three new Exchange Traded Funds (ETFs) were listed on the Cboe Canada exchange by Hamilton ETFs: QDAY, SDAY and CDAY. Now, Cboe Canada is home to 248 ETFs, 32 issuers and 123 Canadian Depository Receipts (CDRs). Cboe BIDS Canada continues to set record trading volume; in July 64.4 million shares traded (single counted) with an average daily volume (ADV) of 3.4 million, representing 87% conditional market share. Month over month sector highlights include: Communications (+120% in ADV), Consumer, Cyclical (+19% in ADV), Consumer, Non-cyclical (+49% in ADV), and Technology (+261% in ADV). Large market cap average daily volume grew by 26% month-over-month. Effective September 30, 2025, Cboe Canada will add a visible 'Primary Peg' order type, also known as a 'Near-side Peg', to its NEO-L and NEO-N trading books. This order type is designed to peg at or away from the Protected National Best Bid (PNBB) for buy orders and at or away from the Protected National Best Offer (PNBO) for sell orders. A Primary Peg order can optionally include a peg offset amount to peg away from the PNBBO by a specified amount. If no offset is supplied, the order will peg to the PNBB for buy orders and to the PNBO for sell orders. Only non-aggressive peg offset amounts are accepted; buy orders must have negative offsets (e.g., -0.01), and sell orders must have positive offsets (e.g., +0.02). Additionally, an order can optionally include a price cap, and as the PNBBO changes, the order will not be priced more aggressively than that price. The order will re-price to the PNBB or PNBO once the PNBB or PNBO is no longer more aggressive than the price cap. For additional information, including a trading example illustrating how the Primary Peg will function, please see the May 2025 Trading Notice. For information about the relevant changes being made to our technical specifications to accommodate the Primary Peg, please see the June 2025 Trade Desk Update. For details relating to the recent launch of certification testing for the Primary Peg, please refer to the July 2025 Trade Desk Update.

Canadian Cash Equities July Highlights

In July, Cboe Canada reported a 12.7% market share and saw record trading volume with 64.4 million shares traded, averaging 3.4 million per day, representing 87% conditional market share. Three new ETFs—QDAY, SDAY, and CDAY—were launched by Hamilton ETFs, bringing the total number of ETFs on the exchange to 248, with 32 issuers and 123 Canadian Depository Receipts (CDRs). Sector performance showed significant growth, including Communications (+120% in ADV), Consumer Cyclical (+19%), Consumer Non-cyclical (+49%), and Technology (+261%). Large market cap average daily volume increased by 26% month-over-month. Effective September 30, 2025, Cboe Canada will introduce a 'Primary Peg' order type in its NEO-L and NEO-N trading books, allowing buy and sell orders to peg to or away from the Protected National Best Bid (PNBB) or Protected National Best Offer (PNBO), with optional price caps and offset amounts. The order type supports non-aggressive offsets and will reprice when market conditions change.