Claude Cyr to Join Montreal Exchange As Senior Vice President Financial Markets

Total Page：16

File Type：pdf, Size：1020Kb

Claude Cyr to join Montreal Exchange as Senior Vice President Financial Markets Experienced and well respected derivatives sector expert with strong ties to the customer base December 9, 2009 (MONTREAL) – Alain Miquelon, President and CEO of the Montreal Exchange, a subsidiary of TMX Group, today announced the appointment of Claude Cyr as Senior Vice President, Financial Markets, effective December 21, 2009. Mr. Cyr will have overall responsibility for the Financial Markets team, which comprises all Montreal Exchange market-oriented activities, including market monitoring, commercial development, customer relationship, product development and pricing strategy. Mr. Cyr joins Montreal Exchange from Newedge Canada, where he served as First Vice President, Head of Global Services and Relationship Management. In that capacity, he managed the team responsible for Canadian equity, futures and options. Prior to that, he held senior leadership positions at J.P. Morgan Securities Canada and Fimat. “We are extremely pleased to welcome an executive with Claude Cyr’s experience and track record to the Montreal Exchange. A leader with deep knowledge of the derivatives business and of capital markets in general, Claude will help us further strengthen our operations and our offering,” said Mr. Miquelon. “Our mandate at the Montreal Exchange is to operate a world-class derivatives exchange that provides all Canadians with the tools and products needed to manage risk and maximize the value of their portfolios. With a long history in the trading and derivatives sectors, Claude will be an invaluable member of our senior management team.” Mr. Cyr is based in Montreal, Quebec. “I am very excited to join the Montreal Exchange at such an important time in this organization’s evolution,” said Mr. Cyr. “Montreal Exchange is Canada’s centre of excellence in derivatives, and I am looking forward to working with Alain Miquelon and the team to help take the exchange to the next level.” 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. TMX Group is headquartered in Toronto with offices in Montreal, Calgary and Vancouver. For more information about TMX Group, visit our website at www.tmx.com. For more information please contact: Carolyn Quick Director, Corporate Communications TMX Group 416-947-4597 [email protected] .

Copy Link

Recommended publications

Tsx Group and Montréal Exchange Join Forces to Create Tmx Group
TSX GROUP AND MONTRÉAL EXCHANGE JOIN FORCES TO CREATE TMX GROUP Combination creates an integrated, multi-asset class exchange group Combination strengthens Montréal’s position as the Canadian centre for derivatives expertise MX shareholders to receive 0.5 of a common share of TSX Group and $13.95 in cash, after the effect of full proration Represents $39.00 in value per MX common share based on the November 28, 2007 unaffected price of TSX Group common shares Represents $42.56 in value per MX common share based on the December 7, 2007 closing price of TSX Group common shares MX Board of Directors recommends that MX shareholders vote in favour of the combination December 10, 2007 (MONTRÉAL and TORONTO) – Montréal Exchange Inc. (MX) and TSX Group Inc. (TSX Group) today announced that they have agreed to combine their organizations to create TMX Group Inc. (TMX Group), a leading integrated exchange group. “This combination grows out of a common vision for the future of the Canadian capital markets. Customers in Canada and internationally will benefit from increased liquidity levels, accelerated product development, a fully diversified product suite, and superior technology,” said Richard Nesbitt, Chief Executive Officer of TSX Group. Luc Bertrand, President and Chief Executive Officer of the Montréal Exchange continued, “The new group will redefine the Canadian capital markets and strengthen its global positioning. TMX Group will list, trade, clear and offer market data for both cash and derivatives markets across multiple asset classes.” “We are creating a new exchange group that builds on the respective strengths and successes of both organizations,” said Mr.
[Show full text]
Canadian Futures and Options
CANADIAN FUTURES AND OPTIONS BAX OBX OBW OBY OBZ ONX OIS EMF SXF SXM SCF SXO SXA SXB SXH SXY SXK SXU SXJ SXV EQUITY OPTIONS WEEKLY OPTIONS SHARE FUTURES EXEXCXCHANGEG TRADED FUND OPTIONS USX MONTRÉAL EXCHANGE HOME OF DERIVATIVES CANADIAN FUTURES AND OPTIONS TRADING IN CANADA How to contact us INTEREST RATE DERIVATIVES AND CLIENT SOLUTIONS GROUP Robert Tasca Mark Bourcier Robert Domanko Mark Gunnip David Helps Kristina Mann-Krzisnik Nick Thomas Director Account Manager Head of Institutional Client Sales Manager Head of International Business Analyst Manager - Europe Development +1 514 871-3501 +1 514 871-3581 +1 514 787-6453 +1 514 871-3502 +1 514 787-6514 044 20 3009 3093 [email protected] [email protected] [email protected] [email protected] +44(0)203 786 2483 [email protected] [email protected] [email protected] EQUITY DERIVATIVES Gladys Karam Robert Domanko Richard Ho Ron Hochman Josiane Lanoue Karell Touma Director Head of Institutional Client Sales Senior Manager Senior Manager Senior Manager Analyst +1 514 871-7880 +1 514 787-6453 +1 514 871-7889 +1 514 871-7882 +1 514 871-3539 +1 514 787-6550 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] INNOVATION CENTER Jacques- A. Caussignac Colm Boyle Giancarlo Percio François Vendette Vice President, Derivatives Growth Senior Project Manager, IT Liaison Manager Senior Manager and Innovation +1 514 787-6468 +1 514 787-6484 +1 514 871-3515 +1 514 871-3560 [email protected] [email protected]
[Show full text]
Montréal Exchange – Press Release
Montréal Exchange – Press Release MX SHARES EXPECTED TO COMMENCE TRADING ON MARCH 27, 2007 Montréal, March 23, 2007 – Montréal Exchange Inc. (MX) today announced that it had filed and obtained a receipt from the Autorité des marchés financiers and the other Canadian Securities Administrators for a final non-offering prospectus relating to the previously announced listing of its 30,977,183 outstanding common shares on Toronto Stock Exchange. MX’s final prospectus is now available on the SEDAR website at www.sedar.com, and on the MX website at www.m-x.ca. The common shares of MX are expected to commence trading on the Toronto Stock Exchange under the symbol “MXX” on March 27, 2007. This press release shall not constitute an offer to sell or a solicitation of an offer to buy common shares of MX. The common shares have not been and will not be registered under the United States Securities Act of 1933, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. About Montréal Exchange Inc. 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®. The MX is a significant owner and the technical operator of the Boston Options Exchange (BOX), a U.S.
[Show full text]
Montréal Exchange Introduces Share Futures New Product Class Expands Trading Opportunities for Institutional Investors
Montréal Exchange Introduces Share Futures New product class expands trading opportunities for institutional investors Montréal Exchange (MX), Canada’s financial derivatives exchange, today launched trading in share futures on Canadian‐listed securities. Also referred to as single stock futures, each share futures contract allows an investor to buy or sell shares of an underlying listed security at a fixed price at a future date. MX share futures contracts are designed to meet the evolving needs of many of our participants, including institutional investors, hedge funds and portfolio managers. The listing of share futures contracts on Canadian stocks extends MX’s offering in equity derivatives products. A share futures contract trades in Canadian dollars, represents 100 shares of stock and is physically delivered. At launch, MX share futures are available on 20 underlying securities listed on Toronto Stock Exchange (TSX), some of which are interlisted on other global equity markets. Share futures are cleared by the Canadian Derivatives Clearing Corporation. Visit www.m‐x.ca/sharefutures for more information and to view a list of share futures now available on MX. About TMX Group (TSX:X) TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S.
[Show full text]
Table of Contents
The Montréal Exchange’s Quarterly Derivatives Newsletter 2011, volume 2 CADerivatives CADerivatives BAX OBX ONX CGZ CGF CGB OGB LGB SCF SXF SXM SXA SXB SXH SXY BAX OBX ONX CGZ CGF CGB OGB LGB SCF SXF SXM SXA SXB SXH SXY EQUITY OPTIONS CURRENCY OPTIONS INDEX OPTIONS ETF OPTIONS EQUITY OPTIONS CURRENCY OPTIONS INDEX OPTIONS ETF OPTIONS CADérivés CADérivés BAX OBX ONX CGZ CGF CGB OGB LGB SCF SXF SXM SXA SXB SXH SXY BAX OBX ONX CGZ CGF CGB OGB LGB SCF SXF SXM SXA SXB SXH SXY OPTIONS SUR ACTIONS OPTIONS SUR DEVISES OPTIONS SUR INDICES OPTIONS SUR FNB OPTIONS SUR ACTIONS OPTIONS SUR DEVISES OPTIONS SUR INDICES OPTIONS SUR FNB Table of contents Season’s Greetings ....................... 2 CADC 2011: A Resounding Success .................. 4 Volatility Opportunities through OBX Options on BAX Futures ...... 6 The Montréal Exchange to Open its Doors in New York City ........... 14 First Quarter 2012 Initiatives .......... 16 Trading Data ................................. 20 Upcoming Events ......................... 22 2 3 Beyond this, we are working on building tailored solutions for the Season’s Greetings upcoming reforms to the OTC derivatives space and also to improve market efficiencies further to the 2008 financial crisis. Extensive work has gone into the CDCC clearing solution for the repo market, which On behalf of everyone at MX, it gives me great pleasure to wish you we expect to come online early in 2012. and your family all the best for this upcoming holiday season, and for the new year to come. In collaboration with Finance Montréal, we are also taking part in high value-added activities for the benefit of Quebec’s entire financial With your continued loyalty and support MX has enjoyed yet another sector.
[Show full text]
Report Message from Message from the the Chair of President and Chief 1 the Board 2 Executive Officer P
McCord Stewart Museum Annual 19—20 Report Message from Message from the the Chair of President and Chief 1 the Board 2 Executive Officer P. 4 P. 6 Collections and Knowledge and Acquisitions Research 3 P. 8 4 P. 16 Conservation Exhibitions 5 P. 20 6 P. 22 Education, Marketing, Community Communications 7 Engagement and 8 and Visitor Cultural Programs Experience P. 32 P. 38 Sustainable The McCord Development Museum Foundation 9 P. 42 10 P. 44 Museum and Donors and Foundation Partners 11 Financial 12 P. 62 Statements P. 54 Board of Trustees and 13 Museum Team P. 70 To reduce our environmental impact, this report is being published in electronic format only. The PDF file may be downloaded. 2 McCord Stewart Museum Monique Jérôme-Forget A balanced Chair of the Board 1 Message budget, despite of Trustees from the Chair the pandemic The 2019-2020 fiscal year was marked by unusual reversals. Up to the end of the third of the Board quarter, the Museum could take pride in the remarkable success of its various initiatives, the development of numerous successful projects, and record attendance at both institutions. However, this exciting momentum came to a recognizing the Museum’s role in educating and sudden stop in the first quarter of 2020 with enhancing awareness of Indigenous cultures the arrival in North America of the COVID-19 within Montreal’s arts community. pandemic, the resulting economic slowdown and the unexpected closure of the Museum. Thanks also go to all the members of our Board of Trustees, particularly Daniel Fournier, who This sudden reversal of fortune obviously resigned as Chair of the McCord Museum generated a number of problems for us as well Foundation after filling this position for over six as for all cultural and economic organizations.
[Show full text]
Tmx Group History at a Glance
TMX GROUP HISTORY AT A GLANCE The following is a timeline of significant events in the organization’s history. 1852 A group of Toronto businessmen met on October 24, 1852 with the intention of forming an "Association of Brokers". The association created that day established the framework for Toronto Stock Exchange. Although they may have traded in shares that were available at that time, no official records remain of the groups' transactions. 1861 A resolution was passed by the association to formally create Toronto Stock Exchange. In its early years, Toronto Stock Exchange trading volume was very modest, amounting to two or three transactions daily. Trading hours were limited to daily half-hour sessions and the trading list consisted of 18 securities. The cost of membership was $5.00. 1871 Toronto Stock Exchange had 14 member firms -- each paid $250 to purchase a seat. 1878 Toronto Stock Exchange became formally incorporated by an Act of the Ontario Legislature. Toronto Stock Exchange moved into its first permanent headquarters at 24 King Street East in Toronto. 1901 The price of a Toronto Stock Exchange seat or membership rose to $12,000. Trading volume approached 1 million shares per year and 100 companies were listed. The Exchange moved to 20 King Street East and continuous auction trading was introduced. 1913 -Page 1- The Exchange built and moved into its own building on Bay Street. Technological advances lead to the introduction of the first print-out-ticker which carried a series of trading prices as well as bid and ask offering quotations. 1914 The fear of financial panic when World War 1 was declared prompted Toronto Stock Exchange to cease operations for three months, beginning July 28, 1914.
[Show full text]
MONTREAL Opalesque Roundtable Series Sponsor
Opalesque Roundtable Series MONTREAL Opalesque Roundtable Series Sponsor: opalesque.com Editor ’s Note A world-class city in the alternative investment space Québec is the second-most populous province (8.3m) in Canada (after Ontario) and the only one to have a predominantly French-speaking population, with French as the sole provincial official language. With a territory nearly three times the size of France or Texas, most inhabitants live in urban areas near the Saint Lawrence River between Montréal and Québec City, the capital. Montréal is definitely a world-class city in the alternative investment space, for a number of reasons. For one, you can find some excellent universities here: McGill University, Concordia, HEC Montréal, and Université de Montréal. Second: the Montréal Exchange has launched equity options in 1975, right after CBOE launched the first options in the US. Like in Chicago, this derivatives exchange created a lot of talent in terms of trading, operations, regulations, and market know-how. The third reason, and this is another very special feature of Montréal, is the quality of the institutional investing space. Some of the finest pension funds that invest in alternatives are in Montréal and have world-class respect; Caisse de depot, PSP, Bimcor, CN and Air Canada. There are also some very sophisticated family offices in Montréal. Canadian banks have a strong presence in Montréal, along with some well established investment firms, and consulting firms. One can find some talented hedge fund managers, emerging managers, and private prop traders. All of this creates a very rich ecosystem for the finance community in Montréal.
[Show full text]
TMX Group Consolidated Trading Statistics – December 2019 Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange
TMX Group Consolidated Trading Statistics – December 2019 Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange January 6, 2020 (TORONTO) – TMX Group Limited today announced December 2019 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange. All TMX Equities Marketplaces * December 2019 November 2019 December 2018 Volume 10,391,299,636 10,072,081,227 12,002,035,965 Value $153,051,078,604 $147,478,489,904 $171,748,274,635 Transactions 19,258,610 19,896,307 26,409,014 Daily Averages Volume 532.9 million 479.6 million 648.8 million Value $7,848.8 million $7,022.8 million $9,283.7 million Transactions 987,621 947,443 1,427,514 Year-to-date Statistics 2019 2018 % Change Volume 131,377,853,000 149,998,701,331 -12.4 Value $1,876,506,034,737 $1,881,258,916,441 -0.3 Transactions 257,700,034 281,848,487 -8.6 Daily Averages Volume 524.5 million 598.8 million -12.4 Value $7,491.0 million $7,510.0 million -0.3 Transactions 1,028,743 1,125,144 -8.6 Toronto Stock Exchange December 2019 November 2019 December 2018 Volume 6,802,118,601 6,936,645,651 8,144,787,072 Value $138,994,669,895 $134,288,601,032 $153,332,676,224 Transactions 16,680,479 17,410,530 22,848,061 S&P/TSX Composite Index Close ^ 17,063.43 17,040.20 14,322.86 Daily Averages Volume 348.8 million 330.3 million 440.3 million Value $7,127.9 million $6,394.7 million $8,288.3 million Transactions 855,409 829,073 1,235,030 1 Year-to-date Statistics 2019 2018 % Change Volume 84,261,677,334
[Show full text]
TMX Group Consolidated Trading Statistics – June 2021 Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange
TMX Group Consolidated Trading Statistics – June 2021 Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange July 6, 2021 (TORONTO) – TMX Group Limited today announced June 2021 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange. All TMX Equities Marketplaces * June 2021 May 2021 June 2020 Volume 14,728,996,140 15,192,641,674 17,529,266,123 Value $245,667,670,923 $228,103,038,801 $229,085,207,892 Transactions 28,095,571 27,710,409 30,742,390 Daily Averages Volume 669.5 million 759.6 million 796.8 million Value $11,166.7 million $11,405.2 million $10,413.0 million Transactions 1,277,071 1,385,520 1,397,381 Year-to-date Statistics 2021 2020 % Change Volume 113,604,336,023 96,842,938,444 +17.3 Value $1,479,087,453,686 $1,345,999,785,554 +9.9 Transactions 185,868,621 197,374,644 -5.8 Daily Averages Volume 908.8 million 768.6 million +18.2 Value $11,832.7 million $10,682.5 million +10.8 Transactions 1,486,949 1,566,465 -5.1 Toronto Stock Exchange June 2021 May 2021 June 2020 Volume 8,507,070,106 8,535,291,890 11,383,756,205 Value $220,588,313,705 $203,950,853,880 $208,785,719,740 Transactions 23,269,137 22,794,797 26,741,333 S&P/TSX Composite Index Close ^ 20,165.58 19,730.99 15,515.22 Daily Averages Volume 386.7 million 426.8 million 517.4 million Value $10,026.7 million $10,197.5 million $9,490.3 million Transactions 1,057,688 1,139,740 1,215,515 1 Year-to-date Statistics 2021 2020 % Change Volume 58,256,241,690 65,220,672,083 -10.7
[Show full text]
The Creation of TMX Group: Dramatic Change on the Canadian Stock Exchange Scene – 1999 to 2008
CASE STUDY The Creation of TMX Group: Dramatic Change on the Canadian Stock Exchange Scene – 1999 to 2008 MGT 2917 Canadian Business History Professor Joe Martin This case was prepared by Amelia Young under the direction of Professor Joe Martin as the basis for class discussion rather than to illustrate either effective or ineffective handling of a managerial situation. Copyright 2014 by the Governing Council of the University of Toronto. To order copies or request permission to reproduce materials, write to the Rotman School of Management, Business Information Centre, Toronto, M5S 3E6, or go to www.rotman.utoronto.ca/bic. No part of this publication may be reproduced, stored in any retrieval system, used in a spreadsheet, or transmitted in any form or by any means, whether by photocopying, recording or by electronic or mechanical means, or otherwise, without the written permission of the Rotman School of Management. The Creation of TMX Group: Dramatic Changes on the Canadian Stock Exchange Scene – 1999 to 2008 Introduction In June 2008, Tom Kloet was settling into his new office in The Exchange Tower and thinking about the challenges he would face as CEO of the newly-created TMX Group. Unlike previous heads of Canadian exchanges, Kloet was American. He grew up in Illinois, attended the University of Iowa and started his career with the Chicago Mercantile Exchange. From this starting point, he developed a deep specialization in derivatives markets, acquired through progressively senior roles in both the exchange and brokerage aspects of the industry. Although Kloet had worked abroad, most notably as the first CEO of the Singapore Exchange (itself created from a combination of the Stock Exchange of Singapore and the SIMEX), and the Canadian operations of Societé Generale’s global brokerage unit FIMAT had reported to him, he had no direct work experience in Canada.
[Show full text]
POI FCM Disclosure Document 01.09.2019-Final
Pictet Overseas Inc. 1000 de la Gauchetière West, Suite 3100 Montreal, QC, Canada, H3B 4W5 Phone: 514.288.8161 Fax: 514.288.5472 [email protected] Registered with the Commodity Futures Trading Commission as a Futures Commission Merchant NFA ID #0427499 The date of this disclosure document is: September 1ST , 2019 Pictet Overseas Inc. FCM DISCLOSURE DOCUMENT 1 Introduction On October 30, 2013, the Commodity futures Trading Commission (“CFTC”) approved final rules intended to enhance the customer protection requirements imposed on Futures Commission Merchants (“FCMs”). The final rules build upon the CFTC’s existing customer protection regime, as amended by Dodd-Frank. The final rules are intended to enhance these protections and to specifically address the customer and systemic risks. This disclosure document provides firm-specific disclosures to prospective and current customers, including additional information regarding the Futures Commission Merchant (“FCM”), its business, operations, risk profile and affiliates. This document is aimed at providing customers with access to sufficient material information regarding the FCM to allow customers to independently assess the risk of entrusting funds to the firm or using the firm for the execution of orders. This document is intended to be read in conjunction with the Standard Risk Disclosure Statement. The Standard Risk Disclosure Statement can be found within this document at APPENDIX A. Overview Futures Commission Merchants A Futures Commission Merchant (“FCM”) is any individual or entity that is engaged in soliciting or accepting orders for the purchase or sale of any commodity for future delivery, security futures product, swap, commodity option, leveraged transaction, or any agreement, contract, or transaction specified in the Commodity Exchange Act; and in connection with such activities, accepts money, securities, or property, or extends credit in lieu thereof, to margin, guarantee, or secure any trades or contracts that result from such activities.
[Show full text]