Goldman Sachs dark pool will offer trading in all equity securities listed on the TSX denominated in Canadian dollars
Bignell confident ATS can take market share away from much bigger rivals
TMX Select is expected to compete head-on with rival alternative trading systems such as Chi-X Canada and Alpha Trading Systems
Operating on a separate platform, TMX Select will benefit from the new “order protection” rule
TMX Select will provide additional client choice, leveraging existing TSX connectivity
ATS proposes several new order types
Tri-Act, Liquidnet get relief from 45-day filing requirement
Investment dealer failed to make reasonable efforts to connect to the Omega ATS protected marketplace.
Bignell appointed president and CCO
Proposed change would address issues regarding potential wash trades