TMX Group, the operator of the Toronto Stock Exchange, has
announced the launch of AlphaX US, a new Alternative Trading System (ATS)
venue. The platform focuses on enhancing execution quality and marks TMX
Group’s first expansion outside Canada for its Markets division. Separately, TMX Group has finalized the acquisition of the
remaining 78% stake in VettaFi Holdings LLC. Combined with its earlier 22%
investment, the total acquisition cost is $1…

Finance Magnates | Financial and business news

TMX Group Launches AlphaX US Following $1 Billion VettaFi Acquisition

TMX Group, the operator of the Toronto Stock Exchange, has
announced the launch of AlphaX US, a new Alternative Trading System (ATS)
venue. The platform focuses on enhancing execution quality and marks TMX
Group's first expansion outside Canada for its Markets division.Separately, TMX Group has finalized the acquisition of the
remaining 78% stake in VettaFi Holdings LLC. Combined with its earlier 22%
investment, the total acquisition cost is $1.…

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AlphaX US is the first venue expansion outside of Canada for TMX Group’s Markets division.

FX News Group

Toronto Stock Exchange operator TMX launches AlphaX for US Equities

TMX Group (TSX:X) has launched AlphaX US, a new alternative trading system (ATS) designed to enhance execution quality for U.S.-listed securities
This marks TMX Group’s first venue expansion outside of Canada, signalling a significant step in its markets division’s growth strategy
The venue aims to provide a competitive trading environment amidst a market with over two dozen alternative trading options
TMX Group stock (TSX:X) last traded at C$45…

themarketonline.ca

TMX Group launches new U.S. equity ATS venue

TMX Group 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. “After continuous consultation with our clients, we are proud t…

Markets Media

TMX Launches US Equity ATS - Markets Media

TMX Group says that AlphaX US is the first venue expansion outside of Canada for the firm’s group markets division, where it will trade US-listed securities only

assetservicingtimes.com

TMX Group launch AlphaX US - Asset Servicing Times

TMX Group has launched a new US-based alternative trading system (ATS) venue, designed to create a trading environment with enhanced execution quality.Named AlphaX US, the ATS is TMX Group’s first venue expansion outside of Canada for its markets division.The ATS will trade US-listed securities only (Reg NMS), with TMX Group adding that participants will be FINRA-registered broker dealers.“After continuous consultation with our clients, we are p…

The TRADE

TMX Group launches US alternative trading system for equities

Off-exchange US equity trading volumes have increased in recent years, and upstart alternative trading systems such as IntelligentCross, PureStream, and OneChronos have captured material market share.  Effective January 22, there’s a new player in the space: AlphaX US, operated by Toronto-based exchange group TMX. “We’ve been seeing a very small number of standalone ATS venues emerge and we’ve watched that piece of the pie grow,” said Heidi Fisc…

TMX Group Launches AlphaX US Following $1 Billion VettaFi Acquisition

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