OSC ETF Study

There has been significant growth in exchange traded funds (ETF) which highlights the importance of understanding how the Canadian ETF market functions.

The OSC ETF study summarizes staff’s research on the Canadian ETF market focusing on trading liquidity and the arbitrage mechanism.  The research utilized intraday quote and trade data from the CSA Market Analysis Platform and key ETF attributes collected from the OSC’s annual Investment Funds Survey.

The findings from this study helped inform the Canadian Securities Administrators’ (CSA) consultation on Enhancing Exchange-Traded Fund Regulation (Consultation Paper 81-409).