Alpha ATS Targets Maker-Taker Model with Lower ETF Fees

Following an announcement last month that it would do so, Toronto-based Alpha Group alternative trading system (ATS) has cut its fees for trading exchange-traded funds (ETFs), from 35 mils—or hundredths of a cent—per share to 25 mils per share.

The lower fee will also apply to all securities priced between CAN$1 ($1.01) and $5 ($5.03). Alpha's price cut is intended to compete with the maker-taker fee model of other Canadian venues, says Jos Schmitt, CEO of Alpha Group.

"The maker-taker fee

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: