TSX Venture Update: Trading Volumes Hit Record Lows

TSX Venture liquidity dries up

The TSX Venture has averaged about 27 million shares traded per day in the past ten trading days. However, on Wednesday and Thursday of last week, trading volumes fell to less than 20 million total shares traded, according to TMX data. To my knowledge, 15.8 million shares traded on May 25th is the lowest volume […]

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Retail Investors Dive in With No Lifejacket

growth in margin loans puts retail investors in tight spot

Growth in margin loans and retail investor participation are soaring alongside rampant speculation, we may be nearing a market top – at least for the short-term (click here for more information on seasonality factors at play). These phenomena have been on full display in recent weeks (e.g. GameStop), with the latest example being silver’s surge […]

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A Liquidity Crisis for the TSX Venture is Brewing

sand dune

Investors should be concerned about liquidity on the TSX Venture — if they aren’t already. In an interview with Bloomberg Television, Mark Machin, chief executive officer of the Canada Pension Plan Investment Board, was quoted,   “I do ring the alarm bell on not to be too invested in illiquid assets . . . We […]

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