Experienced and well respected trader with strong ties to the customer
TORONTO, Nov. 10 /CNW/ - TMX Group Chief Executive Officer Thomas Kloet today announced the appointment of Gary Knight as Vice President, Trading, TSX Markets, which is responsible for trading on Toronto Stock Exchange and TSX Venture Exchange.
Mr. Knight will join TMX Group on November 23, 2009 and will be responsible for client development, product development, market research and strategy for equities trading. Mr. Knight will report to Robert Fotheringham, Senior Vice President, Trading, TSX Markets.
Mr. Knight joins TMX Group from Cormark Securities Inc., where he served as a senior institutional equity trader. In this role, he drove a series of programs on behalf of the organization and its customers, including the design and implementation of its algorithmic trading strategy and the development of best execution practices. Prior to Cormark Securities, Mr. Knight was at OMERS, managing $3 billion in quantitative index funds as a senior portfolio manager.
"Gary is an experienced and well known trader, with deep ties to the trading community. A strategist who understands exactly what the customer needs, he will help us further strengthen our offering, develop new, high-value products and drive tight execution across our equity trading organization," said Mr. Kloet. "With Gary's arrival we are bolstering our team to allow us to compete even more effectively and win in the market."
"This is an exciting time to be joining TMX Group. Only through the Toronto Stock Exchange and TSX Venture Exchange can customers get the transparent, liquid and neutral marketplace they need to succeed," said Mr. Knight. "We have a lot to do, and I'm looking forward to joining a world-class team as we write the next chapter in this storied company's history."
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies provide trading markets, clearing facilities, data products and other services to the global financial community. For more information about TMX Group, visit our website at www.tmx.com.
SOURCE TMX Group Limited
For further information: For further information: Carolyn Quick, Director, Corporate Communications, (416) 947-4597, firstname.lastname@example.org