Fidessa group plc, a provider of trading systems, market data and global connectivity, connects to Alpha ATS L.P., the newly launched Canadian alternative trading system for trading securities listed on Canadian marketplaces.
Access to Alpha ATS is available through the Fidessa Canadian trading platform or via FIX through Fidessas global connectivity network. Alpha ATS is part of the Alpha Group that also provides market data services, market related technology services and a trade through management facility.
Alpha ATS is a new execution venue in Canada that will trade all securities listed on the TSX or TSX Venture Exchange. The model consists of fully integrated advanced trading tools – pairs trading, list management and wave trading tools along with Fidessa BlueBox; Fidessas Algorithmic Management System.
Another zest of Fidessas Canadian trading platform is the combination of electronic order and execution workflow along with real-time, multi-currency trading, position keeping and reporting.
The Canadian markets are continuing to expand, so in this multi-market environment, it was imperative that we connected to Alpha ATS as soon as it launched, says Martin Hakker, EVP Marketing, Fidessa. This enables our customers to achieve not only connectivity but also best execution via Fidessas Smart Order Router. We are pleased to have Alpha ATS on board as we continue to offer our customers the greatest choice of destinations to trade.
L.D.