TORONTO, Dec. 21, 2012 /CNW/ - Quantitative Alpha Trading Inc. ("QAT,") announces changes to directors and officers of the company. Board members Mr. Milstein, Mr. Posen, Mr. Gibson and Mr. Ralph have resigned. Mr. McGovern will resign as CEO and as a director. Dr. Alex Bogdan will remain on the board of directors and as President assuming all responsibilities of the corporation.
The address of QAT has changed. Please address any future correspondence to:
P.O. BOX 935
31 ADELAIDE ST. EAST
TORONTO, ON M5C 2K3
About Quantitative Alpha Trading, Inc.
For more than a decade, QAT, an Ontario corporation, has been researching, developing and maintaining proprietary algorithmic securities trading systems that operate across numerous financial markets. Relying on behavioural science patterns, the Company's 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 and in the United States on the OTCQB under the symbol QATSF.
Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation's control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements.
CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
SOURCE: QUANTITATIVE ALPHA TRADING INC.