Montréal Exchange shareholders elects Board of Directors for 2007-2008



    MONTREAL, March 14 /CNW Telbec/ - At the Annual General Meeting held on
March 13, 2007, Montréal Exchange shareholders elected their Board of
Directors for 2007-2008. In addition, Board members reelected Jean Turmel as
Chairman of the Board, and Carmand Normand as Vice-Chairman of the Board. The
names and titles of each of the eleven members are listed below.

    New Board Member

    Mr. Richard Schaeffer was elected as a new member to the Board for
2007-2008. Mr. Schaeffer is chairman of NYMEX Holdings, Inc., and the New York
Mercantile Exchange, Inc. Mr. Schaeffer has been a member of the board of
directors since March 1990. He was the treasurer of the Exchange from 1993 to
2004, the vice chairman from 2004 to 2006, and has been an executive committee
member since 1992.
    Mr. Schaeffer has been an Exchange member and seat-owner since 1981. A
University of Maryland graduate, he was an executive director of global energy
futures for ABN Amro, Inc., and a conferring member on behalf of the company
and its predecessor, Chicago Corp., since 1987 on all of the New York
commodity exchanges.

    Retiring Boad Members

    Two members are leaving the Board of Directors of the Montréal Exchange.
Mr. James T. Kiernan, Director, Cornerstone Capital Partners L.P., served on
the Board from 1994 to 2007.
    Mr. Brian Walsh, Managing Member, Saguenay Capital, LLC, served on the
Board from 2004 to 2007.
    The Montréal Exchange wishes to thank them for their support and
contribution to the organization.

    2007-2008 Board of Directors

    Chairman of the Board of Directors, Montréal Exchange
    Jean Turmel, President, Perseus Capital inc.

    Vice-Chairman of the Board of Directors, Montréal Exchange
    Carmand Normand, Executive Chairman of the Board, Addenda Capital Inc.

    Luc Bertrand, President and Chief Executive Officer, Montréal Exchange

    Denyse Chicoyne, CFA and Corporate Director

    Stephen J. Elgee, President, Faversham Holdings Inc.

    Wayne Finch, Chairman and Chief Investment Officer, Quadravest Capital
    Management

    Marie Giguère, Consultant

    William W. Moriarty, Managing Director, Head of Global Research Division,
    RBC Capital Markets

    Richard Schaeffer, Chairman, NYMEX

    Louis Vachon, Chief Operating Officer, National Bank of Canada

    Laurent Verreault, Chairman of the Board and Chief Executive Officer,
    Groupe Laperrière & Verreault inc.

    About the Montréal Exchange

    The Montréal Exchange (MX) is Canada's financial derivatives exchange.
The MX offers trading in Canadian interest rate, index and equity derivatives.
Clearing, settlement and risk management services are provided by an AA rated
clearing-house, the Canadian Derivatives Clearing Corporation, fully owned by
the MX. Our integrated trading and clearing services are supported by an MX
proprietary suite of exchange technologies, known as SOLA(R). The MX is a
significant owner and the technical operator of the Boston Options Exchange
(BOX), a U.S. automated equity options market. The Montréal Climate Exchange
(MCeX) - which aims to become the first regulated environment market in Canada
- is a joint venture of the Chicago Climate Exchange(R) and the MX. For more
information about the Montréal Exchange, please visit www.m-x.ca.




For further information:

For further information: Jean Charles Robillard, (514) 871-3551,
jcrobillard@m-x.ca

Organization Profile

The Montreal Exchange

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890