About

MATCHNow®

TriAct Canada Marketplace LP offers specialized marketplaces and order execution services for Registered Canadian Investment Dealers and their clients to trade Canadian listed equities. TriAct operates MATCHNow®, Canada’s premier broker-neutral dark book.

MATCHNow® is a non-quoting marketplace where order information is not visible to other traders. A proprietary algorithm automatically matches buy and sell orders. TriAct does not participate on an agency or proprietary basis in any trade.

Designed to offer better execution for institutional, proprietary and retail order flow, MATCHNow® combines frequent call matches and continuous execution opportunities in a fully confidential trading book.

At a Glance

Orders interact in two ways: They can match passively or sweep through MATCHNow® en route to any public marketplace, with trade price improvement over the Canadian National Best Bid / Offer, or at the touch if the order is considered “large”1

1. The UMIR definition of large is >50 board lots or >$100,000 CAD notional.

Latest Updates

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  • November 2018 Monthly Highlights

    MATCHNow® attained market share by volume of 6.45% for November, compared to previous month of 6.19%. MATCHNow® attained market share by volume of 5.95% for November, compared to previous month of 5.97%.

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  • Week Ending Nov 30th, 2018

    MATCHNow’s market share by volume for the week ending Nov 30th was 6.27% compared to previous week of 6.27%. MATCHNow’s market share by value for the week ending Nov 30th was 5.59% compared to previous week of 5.84%.

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