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Chi-X Canada Announces Symbol Migration Plan.


ATS platform to begin with 10 names for February 20 launch and add remainder of TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
([R] )senior equities by April 1

TORONTO -- Chi-X Canada ATS Limited, a wholly-owned subsidiary of global securities firm Instinet and operator of Chi-X Canada(TM), today announced the 10 stocks that will be available for trading when the alternative trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
 (ATS) launches on Wednesday, February 20. The remainder of the Toronto Stock Exchange's senior equities will be added incrementally by April 1, with Chi-X Canada directly notifying participants before each batch is added. The initial stocks will be:
        <

Symbol  <
Name
ARE     <
AECON GROUP INC.
AVM     <
ANVIL MINING LTD.
DDV     <
DUVERNAY OIL CORP.
FTS     <
FORTIS INC.
GC      <
GREAT CANADIAN GAMING
OCX     <
ONEX CORP.
POU     <
PARAMOUNT RESOURCES
PWF     <
POWER FINANCIAL CORP.
RUS     <
RUSSEL METALS
SVY     <
SAVANNA ENERGY


"Over the past several months we have consulted with many industry participants and analyzed historical transaction data in developing our symbol migration plan, which we believe will result in the most orderly introduction of our marketplace," said Tal Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, SVP SVP S'il Vous PlaƮt (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
 at Instinet.

Chi-X Canada, whose technology is currently powering Chi-X([R])Europe, has been available for testing by market participants since June 2007, and will continue to be available through the February 20 launch. Prospective clients or technology vendor partners interested in testing should contact Chi-X Canada at 888-310-1560 or operations@chi-xcanada.com.

About Chi-X Canada(TM)

Operated by Chi-X Canada ATS Limited, member IDA/CIPF, Chi-X Canada is a high-performance, fully anonymous and low-cost continuous alternative trading system (ATS) for TSX-listed senior equities. Supporting a wide array of advanced order types and based on strict price-time priority, Chi-X Canada aims to provide trading efficiency and cost savings to investors and ultimately to help increase market volumes as systems of this nature have done in other markets around the world.

Based on the same technology that is currently powering Chi-X([R])Europe and developed by ATS pioneer Instinet, Chi-X Canada has an internal latency of less than one millisecond One thousandth of a second. See space/time and ohnosecond.

(unit) millisecond - (ms) One thousandth of a second, one thousand microseconds. A long time for a modern computer.
, or 1/1,000th of a second(+).

Subscription is available to any IDA-regulated investment dealer with membership in good standing in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
, Manitoba, Ontario or Quebec. The system is accessible to members for order entry through the FIX (Financial Information eXchange) protocol, and market data is available as a direct feed in the CHIXMD protocol, which is similar to the ITCH protocol currently in use by other markets. Chi-X Canada will disseminate its market data at no cost. Additional pricing information will be made available before its launch. For more information, please visit the Chi-X Canada website at www.chi-xcanada.com.

(+) Internal latency, which is the system's ability to process messages in its core rather than the round trip measurement, was measured by Instinet to be 890 microseconds, or less than one millisecond. Market volatility and volume may affect actual performance.

About Instinet

Instinet is a global securities firm, providing the world's most sophisticated fund managers with the necessary trading tools, ATS platforms and global agency liquidity to achieve a high quality trade execution in more than 80 securities markets around world. Acting solely as an agent for its customers, Instinet seeks to improve institutional investment performance and lower overall trading costs Trading costs

Costs of buying and selling marketable securities and borrowing. Trading costs include commissions, slippage, and the bid/ask spread. See: Transactions costs.
 through its various front-end trading systems, securities crossing networks, smart-routing technology, algorithms, commission management programs and investment research products. Instinet operates a wide array of ATS platforms around the world, including CBX (Computerized Branch eXchange) Same as PBX. (SM) in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , JapanCrossing(SM) in Asia and Chi-X([R]) Europe. The firm, which is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Nomura Holdings, Inc., has offices in North America, Europe and the Asia-Pacific region. For more information, please visit www.instinet.com.

(c)2008 Instinet, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. All rights reserved. INSTINET is a registered trademark in the United States and in other countries throughout the world. CHI-X is a registered trademark in the UK and Europe. Approved for distribution in Canada by Chi-X Canada ATS Limited, which is authorized and regulated by Market Regulation Services, Inc.; approved for distribution in Europe by Chi-X Europe Limited, which is authorised and regulated by the Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. ; and approved for distribution in the United States by Instinet, LLC, member FINRA/SIPC.
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Publication:Business Wire
Geographic Code:1CANA
Date:Jan 30, 2008
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