TORONTO, Dec. 2, 2014 /CNW/ - On December 4, 2014, TriAct Canada Marketplace LP will donate all MATCH Now marketplace trading fees earned that day to Right To Play — a global organization that uses the transformative power of play to educate and empower children around the world. This year's TriAct Canada Charity Day builds on the success of last year's initial fundraiser, which was the first of its kind in the history of Canadian trading venues.
During market hours on December 4, orders routed through MATCH Now will automatically contribute to TriAct's fundraising effort. Clients will continue to benefit from price improvement by trading at the mid-point of the bid/ask spread. However, on this day, the upside will extend beyond the client, and to children in communities around the globe.
"For children, play is a powerful tool that helps them develop important skills they need to help make the world a better place, like confidence and leadership," said Torstein Braaten, CEO, TriAct Canada Marketplace LP. "MATCH Now's market share has grown over the past year and more investors are benefiting from price improvement. Furthermore, our marketplace is well-suited to the natural investor that desires efficient access to real liquidity. We hope our growth in trading volume will translate into a meaningful donation to Right To Play."
"We're very grateful for the support of TriAct Canada Marketplace LP and the TriAct Canada Charity Day initiative," said Johann Koss, founder, President and CEO of Right To Play. "MATCH Now contributions represent an innovative way to fundraise, while the Charity Day gives us a unique opportunity to connect with clients to raise awareness about our global work and champion the tremendous impact Canadians can have by investing in the power of play."
Available to all market participants, MATCH Now is the first Canadian marketplace to offer price‐improved execution for both institutional and retail order flow. MATCH Now, the broker-neutral marketplace, connects broker‐dealers and their clients to a confidential, dark liquidity pool.
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, using the transformative power of play to educate and empower children facing adversity. Through playing sports and games, Right To Play helps over one million children learn through play to create better futures, while driving lasting social change in more than 20 countries each week. Founded in 2000 by social entrepreneur and four-time Olympic gold medalist Johann Olav Koss, Right To Play is headquartered in Toronto, Canada and has national fundraising offices in Canada, Germany, the Netherlands, Norway, Switzerland, the United Kingdom, and the United States. Regional offices are in Africa, Asia, Latin America and the Middle East. Our programs are facilitated by more than 600 international staff and 16,400 local volunteer Coaches. Programming in Canada includes the enhancement of education in priority schools and the Promoting Life-skills in Aboriginal Youth (PLAY) program, which is partnered with more than 50 First Nations communities and urban Aboriginal organizations across Ontario and Manitoba.
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 TriAct Canada Marketplace LP please contact: Mike Martin / Cindy Watson, StrategicAmpersand Inc., [email protected] / [email protected], (416) 961-5595; For more information regarding Right To Play please contact: Kyla Pearson, Right To Play Canada, [email protected], (416) 203-0190 x. 333 / (416) 953-2464