Alpha ATS announces plans to suppress unintentional self trades from public dissemination

Posted on August 5, 2010

Alpha ATS has announced proposed changes designed to suppress trades from the public feed in cases of unintentional self-trading. Such self-trades, where the orders on both sides of the trade are from the same subscriber, will not update the last sale price of the stock or other trading statistics. The proposed change is intended to address issues regarding potential "wash trades". The OSC and Alpha ATS are accepting comments on the changes until August 30 and, barring any regulatory concerns, the changes may be implemented by September 13, 2010.

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