The Four Pillars of MATCHNow®



Price Improvement for Active Order Flow

  • MATCHNow sources the most price improvement in Canada for investors
  • 90% of the value traded on MATCHNow occurs at mid-point


  • As Canada’s largest dark pool for equity securities, MATCHNow facilitates liquidity when you don’t want to show your intentions on a lit venue.

Size Discovery  

  • MATCHNow’s proprietary pro-rata algorithm, coupled with the conditionals book, rewards orders for size.

Internalization Engine

  • MATCHNow facilitates a broker-priority match, even when you choose to print under anonymous  (broker 001)
  • Channel your diverse order flow to MATCHNow and benefit from both free unintentional crosses.


To find out more about MATCHNow, please reference our In Detail document

Latest Updates

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  • Cboe Completes Acquisition of MATCHNow

    CHICAGO – August 4, 2020 – Cboe Global Markets, Inc. (Cboe: CBOE), one of the world’s largest exchange holding companies, today announced it has completed its acquisition of MATCHNow, the largest equities alternative trading system (ATS) in Canada.

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  • June 2020 Monthly Highlights

    MATCHNow® attained market share by volume of 4.07% for June, compared to previous month of 4.13%. MATCHNow® attained market share by value of 4.74% for June, compared to previous month of 4.92%.

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