‘Non-Toxic' Aequitas Exchange's Secret Data Offering Awaits Patent

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Aequitas Innovations, a new proposed Canadian exchange set up by six major Canadian dealers and investment firms with former executives of the Alpha ATS-turned-exchange that was acquired by TMX Group almost a year ago, has filed for a patent to protect a top-secret new model for providing market data from its marketplace, which officials say will outlaw "predatory" trading strategies and support listings and capital formation.

The market -- which is scheduled to go live late next year -- plans t