Alpha Group Seeks Dark Orders

Alpha Group, which is bank-backed, wants to add dark orders to its trading facilities. Alpha IntraSpread facility would add two new order types, Dark orders and Seek Dark Liquidity (SDL) orders, according to the Ontario Securities Commission.

The Alpha IntraSpread facility will give Alpha Subscribers the opportunity to minimize market impact and take advantage of guaranteed price improvement, according to Alpha. Comments for the proposal were due by Aug. 16.


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