Canadian Stock Quotes & Sayings

Senior managers at the Royal Bank of Canada were now arguing that the bank should create a Canadian dark pool, route their Canadian customers' stock market orders into it, and then sell to high-frequency traders the right to operate inside the dark pool. Brad thought that it made a lot more sense for RBC simply to expose the new game for what it was, and perhaps establish themselves as the only broker on Wall Street not conspiring to screw investors. "The only card left to play was honesty," as Rob Park put it. — Michael Lewis

We would much prefer to see ownership in the hands of the Maple Group, if only because we would much rather see Canadian ownership of our stock exchange. What we are first of all interested in is making sure that Montreal is able to preserve that niche or expertise. — Jean Charest