Already, the bank-owned alternative trading system has more than 20% of the volume of trades in Canada
Cut would leave ATS with the lowest active fees for securities priced between $1 and $5
Alpha eyes entry into listings business
Buys 24% stake
New rules designed to ensure market integrity, enhance investor confidence and preserve liquidity
New service lets traders see share prices offered across exchanges and alternative trading facilities
Initiative is an important step toward the standardization of trade volume reporting across ATS venues
New process recognizes the need for a similar degree of transparency
Data will help clients better understand trading patterns
Players challenged by the increasing fragmentation of the marketplace