TMX Group Elevates John McKenzie as Chief Financial Officer
- After Michael Ptasznik's resignation, TMX Group names John McKenzie as CFO.
Toronto-headquartered TMX Group, owner of numerous subsidiaries that operate derivative and cash markets and clearinghouses, has today announced the appointment of John McKenzie as Chief Financial Officer, following the departure of Michael Ptasznik earlier this month.
Finance Magnates reported last month when Michael Ptasznik resigned as CFO with TMX Group after more than two decades at the firm. He left to join Nasdaq as Frank DiLiso was named as interim CFO.
Mr. Mckenzie brings over 16 years experience at TMX Group, including senior positions across the group, most recently as president of the company’s Canadian Depository for Securities Limited (CDS) subsidiary. His new role as CFO will take effect on July 11th 2016, according to an official statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone , fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
CPA and industry board positions
He was elevated to CFO from his existing role as President of Corporate Strategy and Development (CDS) although he will retain that role too until a replacement is made.
"John brings to the TMX Group CFO position a proven skill set and demonstrated leadership effectiveness. I am confident that this appointment will help propel the 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 of TMX's strategy and enable us to continue along our stated path toward innovation, transformation and operational excellence," said Lou Eccleston, Chief Executive Officer, TMX Group, commenting in an official statement.
Mr. Eccleston added: "I look forward to working closely with John and the rest of our organization's leadership team in pursuit of future successes."
In addition to serving on various industry-relate boards, Mr. McKenzie is a board member of the Canadian Capital Markets Association and is a Chartered Professional Accountant (CPA, and CMA). He obtained an MBA from Edinburgh Business School at Heriot-Watt University and an Honours BA from Wilfrid Laurier University.
Toronto-headquartered TMX Group, owner of numerous subsidiaries that operate derivative and cash markets and clearinghouses, has today announced the appointment of John McKenzie as Chief Financial Officer, following the departure of Michael Ptasznik earlier this month.
Finance Magnates reported last month when Michael Ptasznik resigned as CFO with TMX Group after more than two decades at the firm. He left to join Nasdaq as Frank DiLiso was named as interim CFO.
Mr. Mckenzie brings over 16 years experience at TMX Group, including senior positions across the group, most recently as president of the company’s Canadian Depository for Securities Limited (CDS) subsidiary. His new role as CFO will take effect on July 11th 2016, according to an official statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone , fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
CPA and industry board positions
He was elevated to CFO from his existing role as President of Corporate Strategy and Development (CDS) although he will retain that role too until a replacement is made.
"John brings to the TMX Group CFO position a proven skill set and demonstrated leadership effectiveness. I am confident that this appointment will help propel the 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 of TMX's strategy and enable us to continue along our stated path toward innovation, transformation and operational excellence," said Lou Eccleston, Chief Executive Officer, TMX Group, commenting in an official statement.
Mr. Eccleston added: "I look forward to working closely with John and the rest of our organization's leadership team in pursuit of future successes."
In addition to serving on various industry-relate boards, Mr. McKenzie is a board member of the Canadian Capital Markets Association and is a Chartered Professional Accountant (CPA, and CMA). He obtained an MBA from Edinburgh Business School at Heriot-Watt University and an Honours BA from Wilfrid Laurier University.