TSX and TSXV offer fully hidden orders in the form of non-displayed limit orders and pegged order types (Dark Orders), allowing for the integration of Dark Orders with Canada's deepest displayed order book.
A variety of unique features are offered to accommodate a wider range of dark strategies, including more efficient dark active sweeping strategies, and to help facilitate the achievement of best execution when executing those dark strategies on behalf of clients.
- Posting dark orders on TSX and TSXV facilitates continuous access to orders otherwise seeking interaction with Canada's deepest displayed order book, providing increased fill opportunities.
- Liquidity takers can find significant value through meaningful price improvement and reduced trading costs.