Other securities where Alpha became the primary market include the Horizons BetaPro Nymex Crude Oil Bull ETF, the Horizons BetaPro Nymex Crude Oil Bear ETF, the IShares CDN S&P/TSX Capped Materials ETF and the IShares CDN S&P/TSX Capped REIT Index Fund ETF.
Alpha also ended the day close to being primary market in a number of other securities including: Lundin Mining Corp., OPTI
Jos Schmitt, CEO of Alpha Group, noted "This is another milestone in our journey. It demonstrates the keen interest of the dealer community to further leverage the benefits of trading on Alpha from a liquidity and cost perspective. Of particular interest is the uptick in opening volume traded because the combination of liquidity and no fees for opening trades is a very attractive proposition."
"I believe that investors also need to pay more attention to the choices they have when trading a security. It is clear to me that in a number of securities the majority of the liquidity was on Alpha as well as the benchmark for the opening price", added
About Alpha Group - Alpha Group was established in May, 2007 by nine of Canada's leading financial institutions with the aim of increasing the country's equity trading efficiencies and making the Canadian marketplace more globally competitive. Its ownership group consists of BMO Capital Markets, Canaccord Capital Corporation, CIBC World Markets, CPP Investment Board, Desjardins Securities Inc., National Bank Financial, RBC Capital Markets, Scotia Capital Inc. and TD Securities Inc.
For further information regarding Alpha Group, visit www.alphatradingsystems.ca.
For further information: Ian Hendry, (647) 259-0407, [email protected]
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