People: TMX Group Ltd (X.TO)
25 Sep 2020
Mr. Luc Fortin serves as President and Chief Executive Officer - Montréal Exchange and Global Head of Trading of the Company. Luc was hired in June 2016 as the Managing Director of Derivatives Trading. In November 2016 he was promoted to President and CEO of MX, and in early 2018 took on responsibility for Global Trading. Luc is focused on leading growth across all TMX Markets, which includes derivatives, fixed income and the equity trading businesses. He and his team help to deliver a best-in-class experience to trading clients, and develop and offer new product solutions. Luc led the launch of MX's extended trading hours in 2018, which, in line with MX’s mission to be a client-focused and leading derivatives exchange globally, allows domestic and international clients to manage their exposure to Canadian markets during non-regular Canadian business hours. The team recently re-launched the CGF (5yr Futures) contract with solid market makers, and launched a new BTIC (Basis Trade on Close) functionality to help clients navigate between equity derivatives and cash equities. The equities trading team also launched a dual market-making program on TSX to enhance liquidity and provide greater market depth.
|Total Annual Compensation, CAD||680,000|
|Restricted Stock Award, CAD||336,000|
|Long-Term Incentive Plans, CAD||--|
|All Other, CAD||214,106|
|Fiscal Year Total, CAD||1,230,110|