TSX DRK and Select Vantage Order Flow

Dttw Communications
March 11, 2020

Dear Manager,

Since the launch and promotion of the TSX DRK dark pool, Select Vantage has become a major contributor to the venue. TSX DRK has been building momentum in the dark space month after month, with continued growth in ADV and market share.

February was their strongest month yet, and March is shaping up to build on those successes even more.

Select Vantage has been a major contributor to DRK by being an early implementer and continuous user of their SDL order type.

  • Monday, March 9, 2020, had a record high daily volume at 45,994,500 shares traded with 32% of dark trading taking place on TSX DRK (MATCHNOW 50%, CXD 15%)
  • Overall, February 2020 reached record monthly high ADV at 15,679,111 shares traded
  • Select Vantage has seen a huge jump in march with the SDL active order type, hitting 892,600 in volume

TSX Alpha Fee Change

Please be advised that effective Friday, April 1, 2022, the TSX has changed their fees, the details are as follows:

GatewayLiquidity FlagsDescriptionCurrent FeeNew Fee
TSXP or N or 1Add Liquidity under $0.10 on TSX & TSXV0.0000250
TSXP or N or 1Add Liquidity between $0.10 and & $1 on TSX & TSXV0.0000750
TSXA or Y or 2Remove Liquidity under $0.10 on TSX & TSXV0.0000250.0002
TSXA or Y or 2Remove Liquidity between $0.10 and & $1 on TSX & TSXV0.0000750.0002
TSXP or N or 1Add Liquidity under $ 1 on TSX & TSXV (Odd Lot)N/A0.00025
TSXA or Y or 2Remove Liquidity under $ 1 on TSX & TSXV (Odd Lot)N/A0.00025
TSX (Dark)P or NAdd Liquidity under $0.10 on TSX & TSXV Dark0.0000250
TSX (Dark)P or NAdd Liquidity between $0.10 and & $1 on TSX & TSXV Dark0.0000750
TSX (Dark)A or YRemove Liquidity under $0.10 on TSX & TSXV Dark0.0000250.0002
TSX (Dark)A or YRemove Liquidity between $0.10 and & $1 on TSX & TSXV Dark0.0000750.0002

Please note that PPro8 began to charge these new fees from MondayApril 112022

Older Changes

Please be advised that effective tomorrow, Wednesday, May 1, 2019, the TSX Alpha Exchange will be changing their fees, as follows:

GatewayLiquidity FlagsDescriptionCurrent FeeNew Fee
ALPHAP or N or 1Add Liquidity on ALPH for ETFs0.00130.0004
ALPHAP or N or 2Add Liquidity on ALPH for Non-ETFs0.00140.0023
ALPHAP or N or 2Add Liquidity under $1 on ALPH0.00140.0004
ALPHAA or Y or 2Remove Liquidity on ALPH for ETFs-0.0010
ALPHAA or Y or 3Remove Liquidity on ALPH for Non-ETFs-0.001Unchanged
ALPHAA or Y or 4Remove Liquidity under $1 on ALPH-0.001-0.0001

Previous Update (October 1, 2017)

Alpha was lowering their entitlement cost as below.

Alpha Entitlements
DescriptionCurrent PriceNew Price
ALPHA (ALB) L2 Book on TSX/VN symbols. Partially subsidized by DTTW™. 13% HST tax included in price.35 CAD20 CAD

*Entitlements will continue to be partially subsidized by DTTW™.

Communications Team


*Remember to visit our PPro8 Wiki and Knowledge Base to learn more.

Copyright © 2020 Day Trade The World, All rights reserved.

Liked this blog post?

Sign up for The Opening Bell to receive our bi-weekly newsletter with actionable insights and hone your day trading skills with the help from our market experts and your favourite TraderTV personalities, delivered straight to your inbox every Tuesday morning.

Live Trading with DTTW™ on YouTube

DTTW™ is proud to be the lead sponsor of TraderTV.LIVE™, the fastest-growing day trading channel on YouTube.

With more than 300,000 subscribers, TraderTV.LIVE™ features a daily live trading broadcast, professional education and an active community.

Watch TraderTV.Live

Accepted Payment Methods:

payment accepted dttw 2020

Your ability to open a DTTW trading office or join one of our trading offices is subject to the laws and regulations in force in your jurisdiction. Due to current legal and regulatory requirements, United States citizens or residents are currently unable to open a trading office with us.

© 2011-2022 Day Trade The World™ All rights reserved.

Day Trade the World™ is a registered trademark of Select Vantage Canada Inc. 

Privacy PolicySitemapFraud Alert.