Royal Bank of Canada has acquired a non-controlling equity ownership position in Tradelogiq Group Inc., the parent company of Tradelogiq Markets Inc., which operates two Alternative Trading Systems ("ATSs") that serve Canada's securities sector. RBC acquired this equity position from pre-existing shareholders of TGI in a private transaction.

Following this transaction, TGI has appointed two new directors to its board of directors: Vimal Patel, Head of Business Development, RBC Capital Markets and John Christofilos, Senior Vice President and Chief Trading Officer, AGF Investments Inc. They join Laurence Rose, Chairman of TGI, Eric Swanson, CEO of XTX Markets Americas, and Martin Piszel, CEO of Coinsquare Ltd.