Chi-X Canada ATS Limited has released CX2’s Odd Lot Facility pricing schedule and confirmed its launch on Wednesday, 1 April, 2015.
CX2’s Odd Lot Facility will offer unique features which include the ability to immediately execute marketable odd lot IOC orders for all TSX listed and TSX Venture listed securities at the contra-side of the Canadian Best Bid Offer (CBBO).
Dan Kessous, CEO of Chi-X Canada, says: “We would like to thank the trading community which was the key driver behind the inception of CX2’s Odd Lot Facility. We recognise that Chi-X, the largest competitor to the primary market, is in a unique position to bring greater trading efficiencies as we look to drive positive change to benefit all investors.”
In February, Chi-X and CX2 captured 21.2% market share of TSX listed securities by volume traded.
