Goldman Sachs Electronic Trading (GSET) has rolled out Sigma X Canada. The new alternative trading system, operated by Goldman Sachs Canada, will be accessible by registered investment dealers and their clients to trade Toronto Stock Exchange-listed securities.
The system will match buyers and sellers and offer guaranteed price improvement relative to the national best bid and offer. SIGMA X Canada includes a group of liquidity participants, including broker dealers, hedge funds and institutions, in addition to Goldman Sachs liquidity. The system can be accessed through direct FIX connectivity or a variety of EMS/OMS vendor providers.
Click here for the release from Goldman Sachs Electronic Trading.