Alpha Group Announces IntraSpread(TM) Facility

TORONTO, July 16, 2010 - Alpha Group today announced that, subject to
regulatory approval, Alpha ATS will implement a new trading facility - the
Alpha IntraSpread(TM) facility, during the 4th Quarter of 2010.

The Alpha IntraSpread(TM) facility, a set of new orders offered by Alpha
ATS, allows dealers to seek matches within their firm without pre-trade
transparency and with guaranteed price improvement upon the National Best Bid
and Offer (NBBO) at the moment of the trade. The Alpha IntraSpread(TM)
facility will be available to all dealers that are Subscribers of Alpha and
for all symbols traded on Alpha ATS. A detailed description of this new
trading facility is available on the Alpha website
www.alphatradingsystems.ca

"It is our intent to stay at the forefront of innovation in Canada",
noted Jos Schmitt, CEO of Alpha Group. "The IntraSpread(TM) facility is
another example of our forward thinking and focus on the better interests of
the industry as a whole. Indeed, this facility will allow dealers to provide
clients, who have tradable orders, with a trade price better than the NBBO of
all transparent marketplaces in Canada. Furthermore, the fees that Alpha ATS
will charge for using this facility will be considerably below any of the fees
currently applied by any of the marketplaces operating in Canada including
Alpha".

About Alpha Group - Alpha Group comprises the leading Alternative Trading
System for Canadian Securities - Alpha ATS, and a data distribution plant for
Alpha ATS market data. Alpha Group was established in May, 2007 by nine of
Canada's leading financial institutions with the aim of increasing the
country's securities trading efficiencies and making the Canadian marketplace
more globally competitive. Established for the Industry, by the Industry, the
Alpha Group focuses on increasing liquidity, reducing the cost of trading and
providing innovative services leveraging its unique expertise, operating model
and technological capabilities.

For further information regarding Alpha Group, visit
www.alphatradingsystems.ca.

For further information: Kate McGrogan, +1(647)2590414,
kate.mcgrogan@alphatradingsystems.ca

For further information: Kate McGrogan, +1(647)2590414, kate.mcgrogan at alphatradingsystems.ca