The determined and ambitious Alpha Group launched its new Alpha Exchange in April, replacing its three and a half-year-old alternative trading system (ATS).

Alpha Exchange aims to build on the successes of Alpha ATS and take the Alpha value generation journey into the listing space,” says Jos Schmitt, CEO of Alpha Exchange.

Cinnober supplies Alpha’s high-performance, low-latency trading platform, including Trade Through Management service and dark liquidity pool.

Alpha is globally respected in our business niche. We are proud to have been partners with the most successful actor in Canada from the very beginning,” says Javier Tordable, CEO.

Alpha Group was set up by nine Canadian financial institutions in 2007 to reinvigorate trading in Canadian markets. It gained considerable market share in the Canadian trading space with Alpha ATS, and began pursuing exchange status last year. The Ontario Securities Commission approved Alpha’s application to become an exchange in December.