I make hundreds of trades each month on all of US stock markets with many different types of orders and different routing strategies & algos. I'll like to try Canadian small/micro/nano cap stocks listed on TSE, VENTURE & CSE. I would like to listen your experience & thoughts on SMART routing for Canadian stocks . . .
to be more specific: 1) Alternative execution venues (ECNs, ATS) 2) Dark Pools 3) Shifting Trends 4) Quality of Real-time data 5) Order Routing (direct) 6) Quality of SMART (IB's) Order Routing 7) Order types & Algos 8) Bid/ask spreads 9) Execution costs & ideas to minimize them 10) Best execution approach (like NBBO in US)
I trade the Canadian market mainly because of home country bias. I think for the most part it is more expensive, less transparent, and slower than US markets. Very few direct access brokers, IB is the only one I'm aware of. Most discount broker charge a flat fee. $10.00 or less per trade. Real time data is expensive compared to US. Don't really see a good reason to move to the Canadian market.