Josipovic joins OMEGA ATS after four years with Perimeter Financial, one of three groups that launched OMEGA in December 2007. Josipovic played a key role in founding the marketplace.

Prior to his time with Perimeter, he practiced corporate and securities law at a leading Toronto law firm.

Josipovic said he is looking forward to building on OMEGA's early successes, and managing the marketplace through its next growth phase. "The joint venture between Perimeter as marketplace operator, MarLar Group as technology supplier, and SwiftTrade as initial liquidity provider has been tremendously successful in getting OMEGA ATS off the ground," Josipovic said. "This appointment reflects OMEGA's maturity into a standalone entity and I am excited about devoting all my efforts to this business."

He joins Chief Operating Officer Greg King to form the new OMEGA ATS management team. "We have been extremely busy working with early adopters, connecting to key vendors and building the necessary liquidity base to drive Omega's growth," said King. "With Mario on board, we now have greater ability to expand our dealer relationships, so that more clients may benefit from all the advantages OMEGA ATS offers.

"Mario's legal and regulatory expertise will ensure OMEGA ATS plays a pivotal role in enhancing multiple-market trading efficiency in Canada, through active engagement of regulators and other new marketplaces in shaping and defining practices in areas such as self-help," King said.

A new dealer application for OMEGA ATS will be filed in the near future as the final step to operate the marketplace on a standalone basis.