Perimeter Financial Corp., MarLar Group and Swift Trade Inc. say they plan to launch an alternative trading system, Omega ATS, in the fourth quarter of 2007.

OMEGA ATS will serve the members of the Investment Dealers Association of Canada, providing the Canadian marketplace with a fast, anonymous, strict price/time priority trading platform.

Participants in Omega ATS will have access to live executable prices at, or better than, the CBBO (Canadian best bid and offer) for TSX-listed securities. Additionally, Omega ATS will offer competitive commission rates and leading-edge technology.

Omega ATS is delivered through the contributions of its three partners, all of whom bring a significant depth of experience in trading systems, liquidity provision, creating and managing marketplaces and a passion for best execution. They have combined their unique strengths to deliver Canada’s most robust and competitive ATS.

To ensure its success, Omega ATS has secured commitments from a consortium of recognized global liquidity partners to provide continuous liquidity with the tightest spreads. The Omega ATS team is confident that the combination of its unique structure and market-leading partners will mark the start of an evolution of marketplace liquidity in Canada.

For organizations wishing to connect to Omega ATS, the connectivity specifications document can be found at www.omegaats.com. Details on the industry-wide test date will be available shortly.