Alpha Market Share Over 30%

By Alpha Group, PRNE
Monday, March 1, 2010

March 1st 2010 - A day With Multiple Milestones

TORONTO, March 2, 2010 - Alpha Group today announced that on March 1st 2010, for the first time
since its launch in November 2008, the volume traded in TSX listed
securities on Alpha ATS represented a market share of more than 30% across
all Canadian transparent market places.

The market share in Exchange Traded Funds (ETFs) reached 52.3%; 10%
higher than the second most active marketplace in these securities. In the
benchmark index securities, Alpha's market share was very close to 30%.

In addition, the volume traded in TSX-V listed securities reached a
market share close to 11%, and over 70 securities traded at the opening
auction on Alpha. These included some of the most actively traded securities
in Canada hence leading to a very substantial opening volume across the

Jos Schmitt, CEO of Alpha Group, noted "We are very pleased with
achieving these new milestones. I am convinced that the recent changes to
trading fees initiated by Alpha and followed suit by other marketplaces, were
critical to this accomplishment. Besides making trading on Alpha more
attractive from a cost perspective, it led many industry participants to take
a close look at the trading fees they are paying across marketplaces and
identify some major differences often hidden in the small print. The fact
that Alpha does not charge for opening auction trades and provides a full
rebate on iceberg orders represents millions of dollars of additional monthly
savings to the industry that market participants can benefit from when
trading on Alpha."

"These fee benefits combined with a higher likelihood of execution - as
evidenced by Alpha's order to trade ratio and average trade size - are
fuelling Alpha's growth and strengthening the competitiveness of our
industry," added Mr. Schmitt. "And in line with our mantra - For the
Industry, By the Industry - our fee structure benefits all market
participants equally."

About Alpha

Alpha Group comprises the leading Alternative Trading System for
Canadian listed 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,
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

For further information: Kate McGrogan, +1(647)-259-0414,

For further information: Kate McGrogan, +1(647)-259-0414,
Kate.mcgrogan at

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