LeveL Markets and Nasdaq Canada Announce Connectivity Partnership

LeveL Markets has announced a connectivity partnership between its alternative trading system (ATS), Luminex, and Nasdaq Canada. According to a story in The Trade news, the offering will allow clients using Luminex ATS to gain access to Nasdaq Canada’s CDX trading book and is set to provide greater connections to Canadian marketplace liquidity. Steve Miele, chief executive of LeveL Markets, said: “Our partnership with Nasdaq Canada underscores the growing demand for seamless integration with advanced trading ecosystems that help amplify customer trading strategies. Our intuitive and customisable execution experience has resonated globally, and we are excited with our expansion to allow Luminex customers to access the Canadian marketplace.  The partnership is set to combine LeveL Markets’ trading application, used by the buy-side, with Nasdaq’s CXD trading book, with new trading types subject to regulatory approval.