Which alternative trading system serves members of IIROC trading on the TSX and TSXV?

Which alternative trading system serves members of IIROC trading on the TSX and TSXV?

• A. ICE Futures Canada
• B. OMEGA ATS
• C. Montreal Exchange
• D. Natural Gas Exchange

Answer: (B)

The alternative trading system that serves members of IIROC trading on the TSX and TSXV is OMEGA ATS. This platform specifically offers trading services to its members, making it adept at handling various types of securities transactions within the Canadian market context. OMEGA ATS is designed to facilitate trading for those participating in the regular market for equity securities listed on the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSXV).

Other options mentioned are related to different markets or commodities. ICE Futures Canada primarily deals with futures contracts and not direct equities or alternative trading systems serving regular trading on TSX or TSXV. The Montreal Exchange focuses on derivatives trading rather than the specific needs of equity trading systems associated with IIROC members. Lastly, the Natural Gas Exchange is specialized for trading in natural gas-related commodities and does not pertain to equities or the specific trading requirements outlined in this question. OMEGA ATS, therefore, is the correct choice, as it directly meets the criteria of serving IIROC members on the TSX and TSXV.