RE: RE: RE: RE: INSIDER SOLD $9K worth TicTac,
Wish I've been one of those bears the last 12 -18 month.
The truth is the market and dealers found new ways to reap off the small guy. This bear market of the last year rewarded all sort of vultures and make TMX/TSX people very happy as their new TMX Select system took off. They have selebrated 1 year anniversary in July. Our money made many of them rich.
TMX Select Inc.
NOTICE OF INITIAL OPERATIONS REPORT AND REQUEST FOR FEEDBACK
Overview
Owned and operated by TMX Group, TMX Select Inc. is a new Canadian ATS, offering a transparent, continuous, electronic auction marketplace. TMX Select is a distinct marketplace from Toronto Stock Exchange and TSX Venture Exchange (the "Exchanges"). As is the case with other ATSs, TMX Select will be registered as an investment dealer with the OSC and will be an IIROC member. TMX Select will initially facilitate the order matching and trade execution of securities listed and posted for trading on the Exchanges.
Recognizing the increasing diversity of trading strategies and participants, TMX Select has been designed to allow TMX Group greater flexibility in responding to evolving customer needs, and to offer participants additional execution and liquidity seeking opportunities through a differentiated marketplace and pricing model.
Subscribers to TMX Select must be IIROC member firms in good standing. TMX Select is accessible through the same order entry gateway and FIX and STAMP protocols as the Exchanges. Unlike trading on the Exchanges, TMX Select offers a single continuous trading session from 8am to 5pm EST where orders are matched in strict price-time priority. TMX Select is supported and operated by the same infrastructure (trading technology, customer service and management teams) that supports the Exchanges. This infrastructure, including services provided to TMX Select by other TMX Group employees that also support the Exchanges, is made available to TMX Select pursuant to a formal services agreement between TSX Inc. and TMX Select.