TORONTO – October 12, 2007
Perimeter Markets Inc., operator of the Omega Alternative Trading System, announced today that its testing facilities for interfacing with and accessing Omega ATS are now available to all eligible industry participants. Omega ATS will be open to IDA Members firms trading either directly, or through third-party execution management system (EMS) vendors. The technology requirements for interfacing with and accessing Omega can be found on the “Specifications” tab at www.omegaats.com.
Each subscriber, together with its EMS provider, should expect no more than one business day of certification and live testing of order routing capability. Interested industry participants are asked to contact Greg King at (416) 703-7875 x326 to book their connectivity testing.
Omega ATS expects to go live in Q4 of 2007.
About Omega ATS
OMEGA ATS is an Alternative Trading System (ATS) serving members of the Investment Dealers Association of Canada. OMEGA ATS provides the Canadian marketplace with a fast, anonymous, strict price/time priority trading platform where customers will be able to trade at or better than the CBBO (Canadian Best Bid and Offer) at competitive commission rates. OMEGA ATS will initially support TSX-listed securities. OMEGA ATS is delivered through a partnership of Perimeter Financial, MarLar Group and Swift Trade Inc.
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For further information:
Perimeter Financial Corp.
Chris Jackson, Executive Vice President, Sales and Marketing
(416)703-7800 x 400
[email protected]