Trading

Market On Close

Market On Close Imbalances - Click here for more information

Canada's capital markets are comprised of various participants, representing different needs and objectives when it comes to trading at the market close. The market close is usually a period of peak transaction volume and increased volatility. Significant price moves can occur on relatively small volumes of trades.

The TSX/TSXV MOC model adopts best international practices. TMX Markets has also worked closely with Buy-side and Sell-side firms to develop a market on close model. This model provides significant benefits in terms of increased liquidity and lower levels of volatility at the close.