Canada:
Alpha Exchange To Launch Trading On April 2
02 April 2012
Stikeman Elliott LLP
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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.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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