12:41 PM EST - TMX Group Inc : announced that it has submitted regulatory filings to create a new alternative trading system . TMX Select, which is a wholly-owned subsidiary of TMX Group, will offer a visible marketplace for trading equity securities. The new trading system will operate on TMX Group's high-performance TSX Quantum(®) trading platform, with functionality and pricing models separate and distinct from Toronto Stock Exchange and TSX Venture Exchange. TMX Group Inc
shares T.X are trading up $.21 at $31.80.