TORONTO, Nov. 19, 2013 /CNW/ - On November 21, 2013, TriAct Canada Marketplace LP will donate all trading fees from its MATCH Now marketplace to support Right To Play. This marks the first time a Canadian marketplace has donated all of its daily trading fees to charity.
"We believe that sport and play is an important part of every child's development and the funds raised by this special day will help Right To Play continue empowering youth," said Torstein Braaten, CEO, TriAct Canada Marketplace LP. "More and more investors are using MATCH Now to execute trades in a fully confidential manner and we're hoping to have a big day on the 21st for Right To Play."
"We are very fortunate to have the support of organizations such as TriAct Canada Marketplace LP," said Kevin Taylor, Vice President, Philanthropy, Right To Play. "It is through fundraisers and the generosity of the community that we are able to continue our work with youth."
Clients who route orders to MATCH Now on November 21 will automatically contribute to the fundraiser, while capturing price improvement by trading at the mid-point of the bid/ask spread.
MATCH Now is the first Canadian marketplace to offer price-improved execution for both institutional and retail order flow, in one place. MATCH Now connects broker-dealers and their clients to a diverse liquidity pool within a confidential, broker-neutral marketplace.
About TriAct Canada Marketplace
TriAct Canada Marketplace LP is an independent marketplace that operates MATCH Now and partners with the Canadian institutional investment community to deliver high-quality dark liquidity from a diverse range of sources. TriAct helps investment dealers discover equity liquidity opportunities while lowering overall trading costs and minimizing market impact. TriAct is a broker-neutral subsidiary of ITG (ITG Canada Corp.) and is based in Toronto. For more information, please visit triactcanada.com.
About Right To Play
Right To Play is a global organization that uses the transformative power of play to educate and empower children facing adversity. Through playing sports and games, Right To Play helps one million children weekly in more than 20 countries to build essential life skills and better futures, while driving lasting social change. Founded in 2000 by four-time Olympic gold medalist and social entrepreneur Johann Olav Koss, Right To Play is headquartered in Toronto, Canada and has national offices in Canada, the Netherlands, Norway, Switzerland, the United Kingdom, the United States. Our programs are facilitated by over 600 international staff and over 13,500 volunteer Coaches. Programming in Canada includes the enhancement of education in priority schools, and the Promoting Life-skills in Aboriginal Youth (PLAY) program. To learn more, visit www.righttoplay.ca and follow @RightToPlayCAN on Twitter and Facebook.
SOURCE: TriAct Canada Marketplace LP
For further information:
For more information regarding Right To Play please contact:
Right To Play
(416) 203-0190 ext. 333