May 08, 2013
Toronto, April 29th 2013 - TMX Group today announced the successful migration of Alpha to TMX Group's proprietary trading engine, TMX Quantum. As part of TMX Group's overall integration plan, Alpha now operates on the same platform as Toronto Stock Exchange, TSX Venture Exchange and TMX Select.
“We continue to work to enhance the value of trading on our equity markets with the incorporation of Alpha into our diverse suite of products,” says Kevan Cowan, President, TSX Markets and Group Head of Equities, TMX Group. “Shifting Alpha's trading system from external providers to TMX Group technology and data centres provides customers with operational and service efficiencies. This move also represents an important step in the integration of TMX Group following the Maple acquisition."
As a result of the migration of Alpha to TMX Quantum and the overall integration of Alpha with TMX, certain changes have been made to Alpha's Trading Policies and the Alpha Trading Fee Schedule, effective April 29, 2013. These documents may be accessed through http://www.alphatradingsystems.ca/en/TradingAgreements.
Re-disseminated by The Asian Banker