TORONTO, April 12 /CNW/ - TMX Group notes the pending introduction of
Alpha ATS LP's IntraSpread facility. TMX reiterates its view that the
facility is contrary to many of the principles that form the foundation
of Canada's capital markets, including full and fair access for all market
participants, visible price discovery and meaningful price improvement
for internalized orders. In our view, the Alpha facility in its
current form does not support these key principles.
TMX Group's comment letter on the IntraSpread facility may be viewed
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for
multiple asset classes including equities, fixed income and energy.
Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange,
Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston
Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX
Group companies provide listing markets, trading markets, clearing
facilities, data products and other services to the global financial
community. TMX Group is headquartered in Toronto and operates offices
across Canada (Montreal, Calgary and Vancouver), in key U.S. markets
(Houston, Boston and Chicago) as well as in London. For more
information about TMX Group, visit our website at www.tmx.com.
SOURCE Toronto Stock Exchange
For further information:
Director, Corporate Communications