Location: ST ANDREW’S CLUB · 150 King Street West, 27th Floor Toronto, ON M5H 1J9

Markets Media is pleased to present its 9th annual Canadian Trading and Investing Summit, bringing together leaders from all the segments that make up the Canadian financial markets. At this year’s event will cover the landscape of buy-side trading, regulation and compliance, and the rapid evolution in the exchange business.I welcome your thoughts and ideas as together we navigate this intricate and dynamic  financial landscape.

Mohan Virdee, CEO

 

Register now ($595.00)

For complimentary buy side passes (subject to approval), please contact Lisa Kim at lkim@marketsmedia.com

Agenda

12:30PM · Registration and Networking

12:45PM · Private Luncheon 

By invitation only

Canadian Landscape for Market Connectivity, hosted by Equinix

HOSTED BY:

Barry Smith, Director, Vertical Strategy, Equinix

PARTICIPANTS:

Sean Debotte, CEO, Omega ATS
Richard Carleton, CEO, Canadian Securities Exchange

1:30PM · Opening Remarks

Mohan Virdee, CEO & Founder, Markets Media

1:35PM · Keynote

Roman Chwyl, Global Head of Financial Services, Google Cloud Platform

1:50PM · The Buy-Side Trader Perspective

Institutional traders assess how to derive maximum value from the trading desk.

  • Buy side-sell side communication: what’s important and what’s not?
  • ​Assessing the cost-versus-price dynamic
  • Beyond execution: how buy-side traders are involved in portfolio management and strategy
  • How quant traders can optimize the curation and filtering of information
  • I’ll transfer you to the derivatives desk, hello?: The state of multi-asset trading   

MODERATOR :

Tony Huck, President & Chief Operating Officer, Lime Brokerage

PANELISTS:

Diana Avigdor, VP, Portfolio Manager and Head of Trading, Barometer Capital Management
Patrick McEntyre, Managing Director, Electronic Trading & Services, National Bank Financial 

2:20PM  · IOA: An Architecture for Canada’s Digital Future

Barry Smith, Director, Vertical Strategy, Equinix

2:35PM · Market Operators in Focus

The Canadian trading-venue landscape is evolving as never before. What is the end game?

  • How are market operators positioning themselves and responding to customer/industry needs?
  • Product development: what new offerings are gaining traction?
  • ​Challenges (and opportunities) for newcomers in attracting liquidity
  • Diversity of liquidity: can a trading venue survive with a limited customer base?
  • Exchange vs. ATS: what are the pros and cons of each business model
  • ​Technology as a means to reliability, speed, latency and scalability

MODERATOR:

Renee Colyer, CEO & Founding Principal, Forefactor Consulting

PANELISTS:

Sean Debotte, CEO, Omega ATS
Cindy Petlock, General Counsel & Corporate Secretary, Aequitas NEO Exchange Inc. 
Kevin Sampson, Vice President, Business Development & Strategy, TMX Group
Manjusha Tipre, Vice President, Strategic Relations, MillenniumIT

3:15PM · Networking Break

3:30PM · View from the Regulators

An intimate, interactive discussion on what market participants need to know about the latest regulations

  • Regulatory road map: what and when are the important changes ahead?
  • Brass tacks: best execution, Order Protection Rule, supervision of trading
  • How is U.S. regulation influencing Canadian markets? Where is Canada off on its own?
  • Boosting disclosure/transparency without compromising proprietary market strategies
  • Straight talk: disseminating regulation in the plainest language possible

MODERATOR:

Evan Young, Managing Director & Head of Electronic Execution Services, Scotiabank

PARTICIPANTS:

Tim Baikie, Market Regulation Senior Counsel, Ontario Securities Commission
Kevin McCoy, Vice President, Market Regulation Policy, IIROC

4:00PM · Main Debate

Esteemed panel and always-lively discourse makes this signature CTIS session a can’t-miss.

  • Order Protection Rule (OPR): What are the market implications?
  • On regulation, is it best for Canada to lead, follow, or go in a different direction?
  • How to make markets friendlier and less complicated for non-accredited investors
  • Market data fees and the ongoing affordability and fairness debate
  • Updates on transparency and best execution
  • Revitalizing Canada’s venture market
  • Who’s ultimately responsible for ensuring a well-functioning market?

MODERATOR:

Brendan Caldwell, President & CEO, Caldwell Investment Management

PANELISTS:

Richard Carleton, CEO, Canadian Securities Exchange
Doug Clark, Managing Director, Research, ITG Canada
Victoria Pinnington, Senior Vice President, Market Regulation, IIROC
Tracey Stern, Manager, Market Regulation, Ontario Securities Commission
Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group
Joacim Wiklander, Chief Business Officer, Aequitas NEO Exchange Inc. 

5:00PM · Networking & Cocktails 

 

Register now ($595.00)

 

 

LEAD SPONSOR

Equinix

Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most interconnected data centers. In 33 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. In a digital economy where enterprise business models are increasingly interdependent, interconnection is essential to success. Equinix operates the only global interconnection platform, sparking new opportunities that are only possible when companies come together. Equinix.com

CO-SPONSORS

Lime Brokerage

LIME BROKERAGE (“Lime”) is a financial technology firm focused on providing customized solutions that offer exceptional reliability and scalability with leading low latency access across multiple U.S. markets. Lime offers advanced trading technologies and execution services, providing systematic traders superior access to the most automated, high-volume electronic trading markets. Its mission is to supply its clients with an intelligent trading platform that promotes high-performance through speed, agility, and risk mitigation. Founded in 2000, with offices in New York City, Boston, Chicago, and Los Angeles, Lime was acquired in 2011 by WEDBUSH, Inc., one of the nation’s leading full-service financial institutions.

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, Alpha, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers 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 (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter at https://twitter.com/tmxgroup.
Neo

The NEO Exchange is a new Canadian stock exchange using a bold new blueprint that puts investors, businesses looking to raise capital and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue and a value added listing venue for companies and investment products. Aequitas NEO Exchange Inc. is a wholly owned subsidiary of Aequitas Innovations Inc., a company founded by a diverse group of prominent investors representative of all Canadian capital market stakeholders.

Canadian Security Exchange

The Canadian Securities Exchange is the only exchange in Canada providing trading and market information services for all domestically listed instruments. Recognized as an exchange by the Ontario Securities Commission in 2004, the CSE is designed to facilitate the capital formation process for public companies through a streamlined approach to company regulation that emphasizes disclosure and the provision of efficient secondary market trading services for investors. The exchange is home to more than 300 issues covering a broad range of industry sectors.

For more information, please visit www.thecse.com and our blog at http://blog.thecse.com

Scotiabank's Global Banking and Markets (GBM) division provides corporate and investment banking and capital markets products and services to corporate, institutional and government clients across the globe. GBM has over 30 offices around the world and more than 300 relationship managers, organized around industry specialties. For more information, please visit www.gbm.scotiabank.com.

Scotiabank provides corporate and institutional clients with a full suite of products and services to help the meet their financial objectives. Our expertise in Institutional Equities, Foreign Exchange, Precious Metals, Derivatives, Corporate and Investment Banking leaves us well-positioned to offer integrated solutions to clients. With over 30 offices globally, we have strong sectoral expertise and recognized leadership in Oil & Gas, Mining, Power, Infrastructure and Buy-side. Our experienced team of professionals delivers the market insight, innovative ideas and execution expertise that matters.

Partners

Equinix

Forefactor Consulting Corp. is an independent research and strategic consulting firm specializing in the global financial markets.  We combine academic training and experience in the design and execution of targeted market research with expertise in global securities markets, trading technology, private equity & venture capital, insurance, regulation and global banking.  Forefactor’s broad experience and strong foundation in research facilitates a pragmatic understanding of the most appropriate method to provide clients with a tangible return on investment (ROI) and risk reduction in management decision-making.  Our team of professional consultants continually challenges conventional thinking, provides clients with critical insights and ensures a disciplined approach to every project.  Forefactor was founded in 2005.

SPEAKERS

Diana Avigdor

Vice President, Portfolio Manager & Head of Trading, Barometer Capital Management

After starting her career in foreign exchange trading, and prior to Barometer, Diana spent 10 years as the sole global trader at a large asset management company managing $17 billion in assets.  At Barometer, she heads up the Trading Team, while overseeing international investments.  This includes daily sell-side monitoring, position management and the sourcing and provision of market intelligence and trading flows, as well as technology/order management. Diana provides a trading perspective to the markets as a regular guest on BNN, as well as for various print media. A regular speaker on trading related issues, Diana is able to connect between the interests of the trading community and asset management issues. 

Tim Baikie

Senior Legal Counsel, Market Regulation, Ontario Securities Commission

Tim is a Senior Legal Counsel in the Market Regulation Branch of the Ontario Securities Commission. Previously, he was General Counsel and Secretary for CNSX Markets Inc. (formerly Canadian Quotation and Trading System) and had a legal and consulting practice concentrating on capital markets issues, including advising the Barbados Stock Exchange on the regulatory changes needed to establish an international securities market and the Sri Lanka Securities and Exchange Commission on demutualizing the Colombo Stock Exchange. Before that, he held a number of positions over a fourteen and one-half year period at The Toronto Stock Exchange. Most recently, he was Director, Global Market Initiatives, responsible for analyzing market structure issues from a broad, strategic standpoint.  He also assisted in developing the TSX's response to the Canadian Securities Administrators's Alternative Trading System rules, much of which was incorporated into the final rules. Previously, he was Special Counsel, Market Regulation and Director of the Regulatory and Market Policy Division of the Exchange, in which he was responsible for policy and rule development for the equities and derivative markets, including trading and take-over bid rules.  Before that, he worked in the Listings Division.

Brendan Caldwell

President & Chief Executive Officer, Caldwell Investment Management Ltd.

Brendan is portfolio manager for the Caldwell Canada Fund, Caldwell Exchange Fund and the Caldwell Balanced Fund. He is also co-portfolio manager of Caldwell’s major exchange related investments including Urbana Corporation and the Caldwell Growth Opportunities Trust.
Brendan earned his B.Sc. from Trinity College at the University of Toronto in 1991 and his M.A. in English Literature from the University of London, England, in 1992. Brendan has held the designation of Chartered Financial Analyst since 1995.
Prior to joining Caldwell in 1995, Brendan worked for a major Canadian mutual fund company and then a bank-controlled investment dealer. His securities exchange memberships have included Toronto, New York, the Chicago Board Options Exchange, the Kansas City Board of Trade and the American Stock Exchange (AMEX).
Brendan is a Fellow of the Canadian Securities Institute, and a member of the Toronto Society of Financial Analysts, as well as the CFA Institute. Often interviewed for his insights into current economic issues, and in regards to Caldwell’s role as an active investor in global securities exchanges, Brendan is a regular financial commentator, and an industry consultant on numerous media outlets.

Richard W. Carleton 

CEO, Canadian Securities Exchange

Richard Carleton is the CEO of the Canadian Securities Exchange and is responsible for the strategic direction and management of the organization.  Prior to this appointment, Richard served as Vice-President Corporate Development with responsibility for the CSE’s technology, operations, market data and trading sales teams. Before joining the exchange, Richard worked as a business development consultant in Toronto and New York in the risk management and index product fields after spending twelve years with the Toronto Stock Exchange, serving most recently as a member of the exchange’s senior management team. Active in industry affairs, Richard served two terms as chair of the market data industry’s global trade association in the late 1990's and is a frequent panelist at market structure and trading technology events across North America. 
A member of the Law Society of Upper Canada since 1987, Richard is a graduate of the University of Ottawa (B.A. ’81) and the University of Toronto (LL.B. ’85). He has also completed the executive development programme at the Wharton School, University of Pennsylvania.

Roman Chwyl

Roman Chwyl

Global Head of Financial Services, Google Cloud Platform

Roman has 20 years of experience bringing new software concepts and solutions to market and leading sales teams to selling and deploying them successfully in the Enterprise with an exclusive focus on Global Investment Banks. Prior to joining Google, over the course of 9 years, as VP Sales, Roman built and lead the business for Platform Computing “Symphony”, the largest deployed grid computing software in Financial Services. In 2012, Platform was acquired by IBM. Earlier, in the 90’s, Roman lead Product Management for Hummingbird Communications Inc and for Itemus Inc, a Venture Capital internet incubator. Roman received a B.Sc., with a Specialist in Physics and Mathematics, from the University of Toronto. Roman is married with three children and lives in New York City.

Doug Clark

Managing Director of Research, ITG Canada

Doug Clark has more than 20 years experience in the financial services and investment industry and was one of the original team members of ITG Canada when the Canadian operations were launched in 2000. In his current position he is responsible for research relating to index, ETF, market structure, liquidity event and market impact. Previous jobs include running the program and electronic arm of a large Canadian bank, and prop trading equities and derivatives for a large Canadian trust company. Doug is the former Chair of both the Canadian Security Traders’ Association, and the Ontario Securities’’ Commission’s Market Structure Advisory Committee, as well as the current treasurer of the STA.

Renee Colyer

Renee Colyer

CEO & Founding Principal, Forefactor Consulting

Renée Colyer is the founding principal and CEO of Forefactor Consulting Corp., the financial services/capital markets authority in consulting, strategy and market research.  Forefactor is unique in its skills, research and results.  Through foresight and informed decision-making, facilitated by in-depth industry knowledge, Renée aids in the growth and evolution of financial organizations.  Previously, Director of Research for TMX Group, Renée was responsible for hundreds of research projects and recommendations instrumental to TSX’s public listing, business strategies and marketing.  Prior to TSX Group, Renée held management positions at Manulife Financial and the Bank of Montreal.

Sean Debotte

CEO, Omega ATS

Sean has more than fourteen years of experience as a financial industry professional with expertise in both Canadian and international equities trading, derivatives trading, business development, and business management. He joined Omega Securities Inc. in 2011 as Director of Business Development and was appointed President & CEO of Omega Securities Inc. in 2013.  Sean’s previous experiences include seven years as an equities and futures trader, and three years as a derivatives strategist. 

Anthony Huck

President & Chief Operating Officer, Lime Brokerage LLC

Anthony J. Huck is the President and Chief Operating Officer of Lime Brokerage LLC, a Wedbush Company. Tony heads and oversees all business operations, and manages sales, client services, and execution services. He is also a member of Lime Brokerage’s Board of Directors. Having previously served as Managing Director at firms such as Citadel Securities, RBS Securities, and Investment Technology Group, Tony is a seasoned veteran with 30 years of financial industry expertise. In addition, he holds his Series 3, 7, 24, 55, and 63 licenses and is a frequent speaker in both the media and at major institutional investment conferences. He received his Bachelor of Science degree in Economics and a concentration in Mathematics from the University of Wisconsin.

Kevin McCoy

Vice President, Market Regulation Policy, IIROC

Kevin has over 25 years of experience working in the securities industry, holding various senior roles with several Canadian dealers. These roles spanned both Operations, Compliance and Regulatory. Immediately prior to joining IIROC, Kevin spent 9 years heading up the equity trading compliance and supervision area at a large Canadian investment dealer.  Kevin joined IIROC in 2010 as a Senior Policy Analyst in its Market Policy Group prior to moving to the role of Director of Market Analytics and Special Projects in 2011. Kevin has since returned to policy and is currently Vice-President, Market Regulation Policy.

Patrick McEntyre

Patrick McEntyre

Managing Director, Electronic Trading & Services, National Bank Financial 

Patrick joined National Bank Financial in 2013 to lead Electronic Trading & Services with a mandate to offer DEA and algorithmic trading to NBF’s institutional clients.  He has over 15 years of trading experience. Prior to NBF, he was most recently with ITG Canada as a Director in their electronic brokerage group as well as heading up their Commission Management Services.  He spent his formative years in Montreal at boutique global investment dealer Pavilion Global Markets (then known as Brockhouse & Cooper) where, as the Head of North American Equity Trading, he was instrumental in developing their portfolio trading capabilities in both Canada and the U.S. 
He has been actively involved in shaping the Canadian regulatory via regular participation in industry comment letters, speaking on various industry panels and contributing to industry committees. He is a key contributor to the NBF Liquidity Review Committee which is mandated to ensure that NBF duly meets its Best Execution obligations. Patrick pursued his higher education at the University of Western Ontario.

Cindy Petlock

General Counsel & Corporate Secretary, Aequitas NEO Exchange Inc.

Cindy is the General Counsel & Corporate Secretary at Aequitas. She has over 18 years of capital markets experience, focused primarily on regulatory and legal areas. Prior roles include five years as General Counsel & Corporate Secretary at CNSX Markets (the operator of the CSE), and seven years as Manager, Market Regulation at the Ontario Securities Commission. Between those roles she assisted the CEO as Special Advisor on Regulatory Projects at Market Regulation Services Inc. Cindy began her career as a compliance officer and regulatory counsel at CIBC World Markets and has been appointed to a number of committees, both domestic and international: the OSC’s Market Structure Advisory Committee, IIROC’s Market Rules Advisory Committee, CSTA’s Trading Issues Committee and IOSCO’s Standing Committee 2 (Regulation of Secondary Markets).

Victoria Pinnington

Senior Vice President, Market Regulation, IIROC

Victoria Pinnington is responsible for the management of all of IIROC’s market-related activities, including market policy, trading conduct compliance, market surveillance, and trading review and analysis.  In November, Victoria will also assume oversight for IIROC’s newly launched debt surveillance as well as building the organization’s cross-product surveillance and analysis capabilities. Victoria has been in the market regulation field for over 15 years and has held a variety of positions at IIROC, most recently as Vice President, Trading Review and Analysis responsible for the oversight of preliminary reviews of potential improper trading activity, post-trade surveillance, and market analytics including proactive and reactive market trend analysis to inform policy making.  Victoria oversaw IIROC’s Study of High Frequency Trading and under her leadership the analytics team published a number of papers including “Identifying Trading Groups: Methodology and Results” (September 2014), and “Impact of Dark Rule Amendments” (May 2015) both of which are published on IIROC’s website.  Victoria is currently the Chair of the Intermarket Surveillance Group, an international group of exchanges, market centers, and market regulators that perform front-line market surveillance in their respective jurisdictions.   Prior to her career in market regulation, Victoria pursued a career in opera performance and continues to perform regularly with the Canadian Opera Company.

Kevin Sampson

Vice President, Business Development & Strategy, TMX Group

Barry Smith

Director, Vertical Strategy, Equinix

Barry is Director Enterprise Field Development at Equinix working on the advancement of the Financial Services and Enterprise sectors. Barry is responsible for advancing Equinix’s Interconnection Oriented Architecture™ or IOA™ blueprint for Enterprises. Previously as Founding Principal of Carveout Partners, Smith advised financial and tech firms on carve-outs, strategic alternatives, regulation, and cap-intro. Barry worked with Millennium Partners, a global multi-strategy fund on a carve-out of their global technology platform – Quadric Solutions. Instrumental in growing the first real-time “dark pool”, NYFIX Millennium, Barry was key in the growth of NYFIX Inc., globally. NYFIX sold to the NYSE. Smith was Director, Sales & Marketing for the first direct access trading system at Watcher Technologies, a subsidiary of Datek Online. Watcher sold to TDAmeritrade along with Datek. Barry worked in Fixed Income, Risk and Strategy for Reuters and started his career at the FDIC valuing, packaging and selling banks. Barry graduated from Lehigh University.

Tracey Stern

Manager, Market Regulation, Ontario Securities Commission

Tracey Stern is the Manager of the Market Regulation Branch of the Ontario Securities Commission. Market Regulation is responsible for the oversight of marketplaces, self-regulatory organizations and clearing agencies. Tracey’s current responsibilities include market structure issues, such as the Order Protection Rule, electronic trading and direct market access, and the oversight of alternative trading systems and exchanges. She is also responsible for bond transparency initiatives. She is a member of Standing Committee 2 Regulation of Secondary Markets (SC2) of the International Organization of Securities Commissions, which is responsible for work associated with market structure and trading issues. Ms. Stern joined the staff of the Ontario Securities Commission, initially as corporate finance counsel. She graduated from Osgoode Hall Law School and has a B.A. in Economics from the University of Western Ontario.

Nicholas Thadaney

President & Chief Executive Officer, Global Equity Capital Markets, TMX Group

Nicholas Thadaney is President and Chief Executive Officer, Global Equity Capital Markets, TMX Group, and a member of the senior management team. Mr. Thadaney is responsible for all of TMX Group's equity listing and trading activity across the company's equities markets and alternative trading systems, including Toronto Stock Exchange, TSX Venture Exchange and TSX Alpha Exchange. Mr. Thadaney has extensive business, leadership, and client development experience, as well as a strong commitment to developing superior value propositions from the perspective of the market and TMX Group clients, both in Canada and globally.
Prior to joining TMX Group in 2015, Mr. Thadaney was Chief Executive Officer of ITG Canada Corp. since 2005, with responsibility for managing all aspects of the business, as well as a Member of ITG's Global Executive Committee. Previously, he was Director of Sales and Trading of ITG Canada's Institutional Equities business from 2000 to 2005. Before his tenure at ITG, Mr. Thadaney was Vice-President, Business Development (Equities) at C.T. Securities Inc., which was later acquired by T.D. Securities Inc. in 1999. He is also a member of several industry associations and registered charities, including the Investment Industry Association of Canada, the Young Presidents Association (Ontario Chapter), the Redwood Shelter, and others.

Manjusha Tipre

Vice President, Strategic Relations, MillenniumIT (a London Stock Exchange Group company)

Manjusha has over 23 years of technology experience in financial services specializing in complex integrated platform migration to help reduce lifecycle cost and improve capacity,  efficiency and time to market. At MillenniumIT, she is responsible for developing strategic relationships and launching new products in the Americas as well as leading technology migration and quality assurance of large scale clients in the capital market infrastructure segment including Exchanges, Depositories, Clearing houses, Banks, Broker Dealers and Regulators.  

Joacim Wiklander

Chief Business Officer, Aequitas NEO Exchange Inc.

Joacim Wiklander is Chief Business Officer, responsible for long term business strategy, sales and business development activities across all product and service offerings at Aequitas. Joacim has extensive electronic trading experience in both the equities and derivatives markets, and was the CEO of Neonet Securities, a European agency broker who pioneered Smart Order Routing. Prior to Neonet, Joacim held several different executive positions with the Orc Group, a global provider of electronic trading technology, including Chief Strategy Officer and VP Product Management. Joacim holds a MSc in Engineering Physics and a BSc in Business Administration and Economics.

Evan Young

Evan Young

Managing Director & Head of Electronic Execution Services, Scotiabank

Evan Young is Head of Electronic Execution Services for Scotiabank’s Global Equity Group. Evan joined Scotiabank in 2001 to design and develop algorithmic trading systems. He then moved to the Portfolio Trading desk, trading equities and multi-asset strategies on behalf of clients. In 2007 Evan started the Electronic Execution Services group (EES) with a mandate to offer DMA and algorithmic trading services directly to Scotia's institutional clients. The EES team is now a multi-disciplinary group of sales, trading and technology professionals based in Toronto, New York and Mexico City that are responsible for the design, development and operation of Scotiabank's algorithmic trading, smart order routing and direct market access services. They also provide clients with leading market structure research and commentary. Evan holds an Electrical Engineering degree from the University of Waterloo and is a CFA charterholder.

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