Newedge man joins Montreal Exchange

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23 February 2010

Claude Cyr, first vice-president and head of global services and relationships management at Newedge Canada, started on December 21 as senior vice-president of financial markets at the Montreal Exchange.

He runs all Montreal Exchange market-oriented activities. At Newedge Canada he managed Canadian equities, futures and options.

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Poll

What concerns you most about the upcoming regulation changes?

Opportunity for regulatory arbitrage

15%

Impact on revenues

32%

Unnecessary complexity

11%

Workability of central clearing for OTC derivatives

10%

Workability of forcing complex derivatives onto exchanges

32%

Quote

“Even after the President signs the Wall Street reform bill, financial reform will be far from complete.”

Gary Gensler, chairman, CFTC