Notice and Request for Feedback - Proposed Changes to the Operations of Alpha ATS LP - Passive Only Order Type, Odd Lot Orders and Bypass Cross - Alpha ATS LP

Market Regulation Document Type
Alpha ATS rule review and notices

On January 19, 2010, Alpha ATS LP published notice of proposed changes to its operations regarding the Passive Only Order Type, the acceptance of Odd Lot Orders on exchange-listed debt instruments, and changes to the bypass cross functionality. A copy of this notice is published on the Commission’s website and will be published in Chapter 13 of the Commission’s Bulletin on January 22, 2010.

Pursuant to OSC Staff Notice 21-703 – Transparency of the Operations of Stock Exchanges and Alternative Trading Systems, Commission Staff invite market participants to provide the Commission with feedback on the proposed changes.

Feedback on the proposed changes should be in writing and submitted by February 18, 2010 to:

Market Regulation Branch
Ontario Securities Commission
Suite 1903, Box 55
20 Queen Street West
Toronto, ON M5H 3S8
Fax: (416) 595-8940
e-mail: [email protected]

and to :

Randee B. Pavalow
Head of Operations and Regulatory Matters
Alpha Trading Systems
70 York Street, Suite 1501
Toronto, ON M5J 1S9
e-mail: [email protected]
t: 647-259-0420

If the proposed changes do not raise any regulatory concerns, Alpha ATS LP may implement the proposed changes by March 5, 2010.