TMX Group has announced the launch of AlphaX US, a new US Alternative Trading System (ATS) venue, that is designed to create a trading environment with a focus on enhanced execution quality.
AlphaX US is the first venue expansion outside of Canada for TMX Group’s Markets division and it will trade US-listed securities only (Reg NMS). Participants will be FINRA-registered broker dealers.
Heidi Fischer, President, TSX Alpha US said,
“After continuous consultation with our clients, we are proud to introduce AlphaX US, a venue that is focused on execution performance, and provides innovation and ease to the broker dealer community. There are several unique offerings within AlphaX US, and we have combined that functionality with a model that provides easy implementation, customization, and strong analytics for our partners. It’s through feedback and collaboration with our stakeholders that…
