The Canadian Junior Financial Market and Trading Network

Alpha Group announces new Trading Fee Structure

May 26, 2010 - Alpha Group today announced that, subject to

regulatory approval, it will implement a new trading fee structure as of June 1st,

2010.

For securities with a value greater than or equal to $1 and less than $ 5, active fees will

be reduced from 35 mils per share to 25 mils per share and passive fee rebates will be

decreased from 31 mil per share to 21 mils per share. This fee reduction positions Alpha

as the market with the lowest active fees in securities with a value greater than or equal

to $ 1 and less than $ 5 – a segment that represents about 20% of the overall volume

traded in Canada across all Canadian marketplaces.

For a dealer facing a majority of “taker” trades, this new fee schedule represents close to

30% savings on these trades. The new fee schedule combined with free opening trades,

full rebates on iceberg orders and the lowest active / passive ratio for dealers posting

their resting orders on Alpha, means that Alpha is the trading venue that stands for

liquidity at the lowest cost.

“We continue to execute upon our commitment of reducing the cost of trading in

Canada” noted Jos Schmitt, CEO of Alpha Group. “Finding the right balance between

the interests of all our constituents drives our strategy. Now that our volume, our order to

trade ratio and our average trade size have demonstrated Alpha’s unparalleled liquidity,

it was time again to address the cost issue. And in line with our mantra – For the

Industry, By the Industry – these new benefits are available to all dealers without any

restrictions”.