Alpha Exchange – the Evolution

We are very pleased to announce the next step in the Alpha journey, the creation of the Alpha Exchange.

Alpha Exchange Inc. (“Alpha Exchange”), the wholly owned subsidiary of Alpha Trading Systems LP and its General Partner, Alpha Trading Systems Inc., has been approved as an exchange by the Ontario Securities Commission. The effective date of recognition will be announced by Alpha upon completion of the transition from the ATS to the Exchange.

The creation of Alpha Exchange will take Alpha to the next level of its evolution by becoming the ‘New Generation Canadian Exchange’ characterized by a relentless focus on Canadian interests and driven by a solid and proven Canadian anchored ownership.

As an exchange, Alpha will add listings to its suite of services to the Industry, based on a solid corporate governance model, a streamlined listing process, and a competitive and transparent pricing structure to incent prospective issuers.  Alpha Exchange will differentiate its listing business through the introduction of innovative products and focus on economic sectors underserviced by the other exchanges.

See links below for documents pertaining to Alpha’s exchange application and listing business.

• OSC Recognition Order
• Final Form Member Agreement
• Trading Policies
• Listing Forms - Alpha Main
• Listing Forms - Alpha Venture Plus
• Listing Handbook - Alpha Main
• Listing Handbook - Alpha Venture Plus
• Comparative Chart 
• Blacklined Member Agreement Showing Changes from Subscriber Agreement
• Alpha Listed Securities - Lead Market Maker Agreement
• Alpha Listed Securities - Market Maker Agreement
• Other Traded Securities (OTS) - Market Maker Agreement
• Other Traded Securities (OTS) - Market Maker Assignment Form

The Application was approved by the Ontario Securities Commission on December 6, 2011. The Exemption Order is outstanding with the AMF and other securities regulators.

Alpha ATS LP will continue to operate as a marketplace for trading securities listed on other Canadian exchanges until Alpha Exchange's Recognition Order is effective, which will occur upon transition of the business and operations of Alpha ATS LP to Alpha Exchange

If you are interested in learning about the listing opportunities on Alpha Exchange, please contact Issuer & Subscriber Solutions at 647-259-0460.