ITG’s Subsidiary, TriAct Canada, Adds Bryan Blake as CEO

ITG (NYSE:ITG), an independent broker and financial technology provider, has appointed Bryan Blake as its newest Chief Executive Officer (CEO) of TriAct Canada Marketplace LP, a wholly owned subsidiary of ITG, according to an ITG statement.

TriAct Canada is the operator of MATCH NowSM, Canada’s paramount broker-neutral dark book that caters to investment dealers and a deep clientele. Mr. Blake will step into his role as CEO of TriAct Canada on November 16, 2015.

He joins TriAct Canada from Bank of America Merrill Lynch (BAML) in Toronto, having served previously as its Vice President of electronic trading sales for over five years, dating back to 2010. Prior to this role, he also held a number of senior level positions at TMX Group, Citi Scotiabank, and Manulife Financial, part of a lengthy career going back to 1998.

According to Etienne Phaneuf, CEO of ITG Canada, in a recent statement on the appointment, "Bryan has an impressive track record of delivering electronic Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term services to institutional investors, hedge funds, and broker dealers and I am looking forward to him joining MATCH Now. His expertise in Canadian market structure and sales leadership will help to reinforce MATCH Now’s position as one of the world's leading marketplaces."

Last month, ITG made headlines after it launched Market Compass, its mobile application based on predictive modeling techniques for traders. ITG Market Compass was designed to help streamline a variety of tasks for traders and market participants, including market openings, advanced modeling methodologies, and sector-specific forecasting. The offering was also geared primarily for institutional traders, with a specific emphasis on equities and foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) trading.