October 21st, 2013 FASTER-INDEPENDENT-CANADIAN Lynx ATS Is Now Available For Testing: Omega Securities Inc. (OSI) would like to invite all of our subscribers, vendors and trading members to begin testing our new trading venue – Lynx ATS in our Global Test Environment (GTE). Starting today, October 21st, 2013, any participant with an existing connection to Omega ATS can access the OSI test environment for the purposes of testing Lynx ATS connectivity, market data, and order entry. Lynx ATS, when officially launched, will be a ‘lit book’ under the Order Protection Rule (OPR) and as such, all liquidity posted to the book may be considered as part of the Canadian Best Bid/Offer (CBBO). We encourage all of our subscribers, market data vendors, service bureaus, and all other connected participants to order their FREE GTE session bundles and begin testing. Although Lynx ATS will require separate market data sessions from existing Omega market data sessions, there will be no additional charge. Further, additional order entry sessions will not be required and dealers, vendors and directconnected participants may choose to either: Use their existing order entry sessions with the appropriate Lynx ATS FIX tags; or Open new Lynx ATS specific order entry sessions, at no charge In the interest of minimizing the development required by our trading participants, OSI will be launching Lynx ATS will all of the functionality, order types, and matching priority currently available on Omega ATS. In fact there will be only two distinct differences between Omega ATS and Lynx ATS at the launch: 1. Brokers entering orders on Lynx ATS will be attributed by default; and 2. Pricing – Lynx is anticipated to have a ‘Maker/Taker’ style pricing model The official scheduled launch date for Lynx ATS is February 3rd, 2014. To obtain a draft of the Omega ATS/Lynx ATS specifications, please contact support at: [email protected] For any further information regarding Lynx ATS please contact OSI at: [email protected] 133 Richmond St. W. Suite 302, Toronto, Ontario, M5H 2L3 Phone (416)646-2428 Fax (416)368-5278 www.omegaats.com
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