The platform exclusively trades US-listed securities and operates during regular US market hours.
The acquisition expands TMX Group’s capabilities in data, analytics, and indexing.
TMX Group, the operator of the Toronto Stock Exchange, has
announced the launch of AlphaX US, a new Alternative Trading System (ATS)
venue. The platform focuses on enhancing execution quality and marks TMX
Group's first expansion outside Canada for its Markets division.
Separately, TMX Group has finalized the acquisition of the
remaining 78% stake in VettaFi Holdings LLC. Combined with its earlier 22%
investment, the total acquisition cost is $1.03 billion (CAD 1.40 billion).
AlphaX US Offers Customization and Analytics
"After continuous consultation with our clients, we are
proud to introduce AlphaX US, a venue that is focused on execution performance,
and provides innovation and ease to the broker dealer community," said
Heidi Fischer, President, TSX Alpha US.
AlphaX US will exclusively trade U.S.-listed securities,
including common stocks, exchange-traded funds, and American depositary
receipts under Regulation NMS. Participants must be FINRA-registered
broker-dealers.
"There are several unique offerings within AlphaX US,
and we have combined that functionality with a model that provides easy
implementation, customization, and strong analytics for our partners. It’s
through feedback and collaboration with our stakeholders that we are able to deliver solutions that make
markets better," Fischer added.
New Trading System Fulfills Client Needs, TMX Says
Luc Fortin, Global Head of Trading, TMX Group, Source: LinekdIn
The system adheres to the U.S. equity market holiday
schedule and operates during regular US market hours. Order entry opens 60
minutes before trading begins and continues throughout the trading day.
"One of our top priorities is solving for the business
needs of our clients," commented Luc Fortin, Global Head of Trading, TMX
Group. "We are excited to embark on this next chapter of growth for TMX to
build upon."
TMX Group Finalizes VettaFi Acquisition Deal
VettaFi, a US firm specializing in indexing, analytics, and
digital distribution for the ETF and asset management sectors, generates over
80% of its revenue from recurring sources, as reported by Finance Magnates.
This
purchase supports TMX Group’s strategy to expand its recurring revenue and
data-driven products. Financed by $1 billion in bank debt, the deal is expected to
benefit TMX's adjusted EPS in its first year. VettaFi will operate under TMX's
Global Solutions division.
TMX Group, the operator of the Toronto Stock Exchange, has
announced the launch of AlphaX US, a new Alternative Trading System (ATS)
venue. The platform focuses on enhancing execution quality and marks TMX
Group's first expansion outside Canada for its Markets division.
Separately, TMX Group has finalized the acquisition of the
remaining 78% stake in VettaFi Holdings LLC. Combined with its earlier 22%
investment, the total acquisition cost is $1.03 billion (CAD 1.40 billion).
AlphaX US Offers Customization and Analytics
"After continuous consultation with our clients, we are
proud to introduce AlphaX US, a venue that is focused on execution performance,
and provides innovation and ease to the broker dealer community," said
Heidi Fischer, President, TSX Alpha US.
AlphaX US will exclusively trade U.S.-listed securities,
including common stocks, exchange-traded funds, and American depositary
receipts under Regulation NMS. Participants must be FINRA-registered
broker-dealers.
"There are several unique offerings within AlphaX US,
and we have combined that functionality with a model that provides easy
implementation, customization, and strong analytics for our partners. It’s
through feedback and collaboration with our stakeholders that we are able to deliver solutions that make
markets better," Fischer added.
New Trading System Fulfills Client Needs, TMX Says
Luc Fortin, Global Head of Trading, TMX Group, Source: LinekdIn
The system adheres to the U.S. equity market holiday
schedule and operates during regular US market hours. Order entry opens 60
minutes before trading begins and continues throughout the trading day.
"One of our top priorities is solving for the business
needs of our clients," commented Luc Fortin, Global Head of Trading, TMX
Group. "We are excited to embark on this next chapter of growth for TMX to
build upon."
TMX Group Finalizes VettaFi Acquisition Deal
VettaFi, a US firm specializing in indexing, analytics, and
digital distribution for the ETF and asset management sectors, generates over
80% of its revenue from recurring sources, as reported by Finance Magnates.
This
purchase supports TMX Group’s strategy to expand its recurring revenue and
data-driven products. Financed by $1 billion in bank debt, the deal is expected to
benefit TMX's adjusted EPS in its first year. VettaFi will operate under TMX's
Global Solutions division.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
"Ensuring Seamless Execution": Nick Twidale on ATFX Connect’s Strategy for 2026
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters