ITG discusses on new Canadian DarkPool regulation

After a relatively slow start, dark pools development in Canada picked up speed in 2011. In response to the growing dark trading activities, Canadian regulators, the CSA and IIROC, published their final dark pool regulations (“Provisions Respecting Dark Liquidity”).

As a noticeable leader in the Canadian trading market and operator of the biggest Canadian dark pool MATCH Now, ITG Canada shared its comments on the newly released rules. You can see the full commentary article on the ITG website here.

Comparing to the U.S. market, dark pools are still in its infancy in Canada. But it also indicates great potential and profitable opportunities. Last year at the Quant Invest Canada event, a panel of experts reviewed the (short) history and functionality of Canadian dark pools. This year, more senior Canadian market veterans will analyze exactly what benefits dark pools bring to investors and traders and the impact they generate on public market liquidity. Mr. Ian Domowitz, Managing Director of ITG Canada, will join this panel discussion.

In addition, ITG is a Bronze Sponsor of this year’s Quant Invest Canada conference. At this premier gathering for Canadian quantitative investors and traders, ITG will further demonstrate its market-leader status.