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Abonner Alpha Group

Alpha Group

Alpha Market Share Over 20%

Toronto (ots/PRNewswire)

Alpha Group today announced
that, for the first time since its launch in November 2008, the
volume traded in TSX listed securities on Alpha ATS represented more
than 20% of market share across all Canadian transparent market
places.
Jos Schmitt, CEO of Alpha Group, noted "We are very pleased with
achieving this major new milestone in our journey. We need of course
to confirm, in the coming days and weeks, the persistence of this new
level of activity. What we did notice today as well as over the past
few days, is that new order flows were coming to Alpha as a result of
Alpha's liquidity, new fee schedule and some dealers leveraging new
technologies."
"I believe there is a growing understanding in the financial
industry about the benefits that Alpha is bringing to the Canadian
marketplace," added Mr. Schmitt. "Our new fee schedule put in place
in August allowed us to leverage our growth to the benefit of our
customers, and continued to offer a structure that benefits all
participants equally - this was an eye-opener to many. It convinced
many skeptics that Alpha is truly for the industry, by the industry.
We are now starting to reap the benefits of this vision and the
resulting strategy."
About Alpha Group - Alpha Group was established in May, 2007 by
nine of Canada's leading financial institutions with the aim of
increasing the country's equity trading efficiencies and making the
Canadian marketplace more globally competitive. Its ownership group
consists of BMO Capital Markets, Canaccord Capital Corporation, CIBC
World Markets, CPP Investment Board, Desjardins Securities Inc.,
National Bank Financial, RBC Capital Markets, Scotia Capital Inc. and
TD Securities Inc.
For further information regarding Alpha Group, visit
http://www.alphatradingsystems.ca.
For further information: Kate McGrogan, +1-647-259-0414, 
Kate.mcgrogan@alphatradingsystems.ca

Contact:

For further information: Kate McGrogan, +1-647-259-0414,
Kate.mcgrogan@alphatradingsystems.ca