The Investment Industry Regulatory Organization of Canada (IIROC) announced on March 21 that Alpha Exchange Inc. will begin trading as of Monday, April 2, 2012. Therefore, the last day of trading on Alpha ATS will thus be on Friday, March 30. As we discussed in December 2011, the OSC approved Alpha Group's application to become a recognized exchange late last year. Upon the commencement of trading on Alpha Exchange, all open orders with an expiry date beyond the last trading date on Alpha ATS will automatically be migrated to the new exchange. For more information, see IIROC Notice 12-0103.

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