Alpha market share in Junior Securities over 20%

April 16th, 2010 - Alpha reaches another milestone

TORONTO, April 19 /CNW/ - Alpha Group today announced that on April 16th 2010, for the first time since its launch in November 2008, the volume traded in TSX-V listed securities on Alpha ATS represented a market share of more than 20% across all Canadian transparent market places.

After having reached a 30% market share in TSX listed securities (Senior Securities) on March 1st, 2010 and remaining solidly above the 25% mark, April seems to be Alpha's break-through month in trading TSX-V listed securities. The considerable progress achieved month over month since the last quarter of 2009, culminated on April 16th, 2010 when Alpha reached a market share of 21.2% in this segment.

Jos Schmitt, CEO of Alpha Group, noted "Clearly market participants have started to realize that the benefits they experience when trading TSX listed securities on Alpha are also relevant when trading TSX-V listed securities. These benefits, including a higher likelihood of execution for resting orders, a balanced fee structure during continuous trading that takes all market participants interests into consideration, a full rebate on iceberg orders and no fees for opening trades, are some of the key drivers behind this evolution".

"Our continuous growth since the launch of Alpha is a testimony as to why change and choice were necessary in the Canadian marketplaces' landscape", added Mr. Schmitt. "This growth has made us stronger than ever and is fuelling the next round of competitive initiatives that Alpha will introduce to help strengthen our industry, while always living up to our mantra - For the Industry, By The Industry".

About Alpha

Alpha Group comprises the leading Alternative Trading System for Canadian listed securities (Alpha ATS), and a data distribution plant for Alpha ATS market data. Alpha Group was established in May, 2007 by nine of Canada's leading financial institutions with the aim of increasing the country's securities trading efficiencies and making the Canadian marketplace more globally competitive. Established for the industry by the industry, Alpha Group focuses on increasing liquidity, reducing the cost of trading and providing innovative services leveraging its unique expertise, operating model and technological capabilities.

For any further information regarding Alpha Group, visit www.alphatradingsystems.ca

For further information: Kate McGrogan, [phone], [email protected]