(Reuters) - The board, the investment arm of Canada's second-largest
pension plan, is the only "buy-side" investor involved in
Alpha, a new automated trading system being formed by
seven of the country's biggest investment dealers.
Donald Raymond, senior vice-president of public market
investments at the board, said the purchase is both a straight
investment on which it expects to get good returns but also a
strategic investment and a way to cut trading costs.
Read more at Reuters.com Mergers News
pension plan, is the only "buy-side" investor involved in
Alpha, a new automated trading system being formed by
seven of the country's biggest investment dealers.
Donald Raymond, senior vice-president of public market
investments at the board, said the purchase is both a straight
investment on which it expects to get good returns but also a
strategic investment and a way to cut trading costs.
Read more at Reuters.com Mergers News
No comments:
Post a Comment