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Toronto-based Omega Securities Inc. — an alternative trading system company that offers the Omega ATS and Lynx ATS marketplaces — has changed its name to Tradelogiq Markets Inc.

“The rebranding of Omega to Tradelogiq signals a new direction for our company,” said Laurence Rose, chairman and CEO of Tradelogiq, in a release on Wednesday.

Rose cited new ownership, management and upgraded technology, all of which are a result of shareholder Matchpoint Financial Corp. acquiring a controlling interest in the company in February 2019.