Montral Exchange appointed Luc Fortin as Managing Director, Derivatives Trading. His new role starts on June 27, 2016.
Fortin will be responsible for developing and deploying strategies to grow the derivatives business for the Canadian exchange. He will focus on the efficient delivery of new products and solutions to enhance the overall MX client experience and oversee the day-to-day operation of the derivatives market, according to an MX press statement.
Fortin brings more than 25 years of capital markets experience to MX, with a specialty in leading client-facing teams in fixed income and derivatives. He has most recently served as Managing Director, Canadian Head of the Institutional Client Group at HSBC Bank Canada. In this role, Fortin led HSBCs institutional client-facing businesses in rates and credit, derivatives, foreign exchange and money markets across Canada. Prior to that, he held senior leadership positions at TD Bank and TD Securities.
MX is proud to bring Luc Fortin, a proven, respected leader in the Canadian fixed income and derivatives industry to our leadership team, said Alain Miquelon, President and CEO, Montral Exchange and Group Head of Derivatives, TMX Group.
He added, MX continues to work closely with our stakeholders to grow the use of derivatives in this country and to enhance the appeal of our markets to investors in Canada and around the world. I look forward to working with Luc, who brings to MX deep industry expertise and a crucial client perspective that will help shape our future direction.
TMX Group’s key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy.
