Project-Alpha.ca is Investment Dealers to Launch New Alternative Trading System

Title

Project Alpha

Description

Excerpt from web site:

May 3, 2007, Toronto, Ontario – Seven of Canada’s leading investment dealers today announced their intention to establish a new Alternative Trading System (ATS) that will increase the country’s equity trading efficiencies and make Canada more globally competitive.

“Global capital markets are changing,” said Jos Schmitt, Chief Executive of the new ATS initiative. “The future strength of Canadian capital markets depends on our ability to achieve the same kind of efficiencies already being realized around the world by leveraging today’s technology. This new Canadian-driven trading platform is being designed to find those efficiencies, increasing both competitiveness and liquidity,” Schmitt added.

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English

Address

Project Alpha
First Canadian Place
100 King Street West
37th Floor
Toronto, Ontario, M5X 1C9

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