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Company: Chi-X Canada ATS Ltd.

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Deal expands market for Canadian equities, derivatives trading and ETP listings

Dealers “strongly supportive”

Trading will be available from 9:30 to 16:00 ET

ATS will use phased-in approach, initially only making certain securities available for trading

OSC seeks comment on broker preferencing

CX2 will give traders greater choice and functionality, firm says

TMX Select is expected to compete head-on with rival alternative trading systems such as Chi-X Canada and Alpha Trading Systems

Former head of Canadian unit to oversee rollout of new initiatives

Data will help clients better understand trading patterns

Transaction Network Services has added Chi-XTM Canada to its portfolio of alternative trading systems, exchanges and electronic communications networks.Clients will be able to rapidly access the new Canadian ATS through TNS’ Secure Trading Extranet.“We are delighted to have developed a new partnership between Chi-X Canada and TNS, which will enable firms that want to trade […]