TORONTO, June 2, 2011 /CNW/ - Quantitative Alpha Trading Inc. ("QAT")
announced today that it has entered into discussions directed toward
forming a strategic alliance with Liquid Trading International LLP, a
principal-only trading firm domiciled in the UK, and Green Mountain
Analytics, a trading technology platform company based in the US.
"We are positive about the synergies between our firms and expect the
integration of our technology platforms to commence in the coming
months, said Mr. Todd Halpern, Chair of QAT. "It is our goal to explore
synergistic and strategic partnerships that will allow QAT to optimize
its strong intellectual property assets."
QAT plans to leverage Green Mountain Analytics global exchange
connectivity to expedite the worldwide dissemination of QATs
"I am also delighted to report that one of our directors, Mr. Richard
Schaeffer, has been elected to the position of Vice-Chair of QAT", said
Mr. Halpern. Schaeffer, a New York-based former chairman of NYMEX
Holdings, Inc. and the New York Mercantile Exchange, Inc. as well as a
former director of the Montreal Stock Exchange, has taken a leading
role in QATs efforts to establish and develop strategic global
For more than a decade, QAT has been researching, developing and
maintaining proprietary algorithmic securities trading systems that
operate across numerous financial markets. Relying on behavioural
science patterns, the companys proprietary systems use a linked series
of computer programs to analyze securities market data in real-time and
directly execute buy or sell orders over the electronic securities
exchanges while monitoring the status of every trade within a given
portfolio without human intervention. The company trades on CNSX under
the symbol QAT.
SOURCE QUANTITATIVE ALPHA TRADING INC.
For further information:
Jim McGovern, Chief Executive Officer, QAT / Arrow Hedge Partners 1-416-323-0477 firstname.lastname@example.org