He was a Founder of the Boston Options
Exchange, an electronic marketplace for the trading of derivative securities, and served as its Chairman from 2004 to 2007.
TMX has the Montreal Exchange and a stake in Boston Options
Exchange, but they are small beer compared to NYSE Liffe and Eurex.
The Boston Options
Exchange (BOX) is negotiating with Fidelity Investments, TD Ameritrade Holding Corp (NASDAQ:AMTD), Bank of America Corp (NYSE:BAC) and Knight Capital Group (NYSE:KCG) over the sale of a stake in itself, the Wall Street Journal cited chief executive Tony McCormick as saying on Thursday.
It is the first and only foreign Exchange authorized by the US Securities and Exchange Commission to manage the technical operations of a US exchange, the Boston Options
He also worked as Vice President, Market Operations at the Boston Options
Exchange (BOX) and was in charge of International Business Development for GL Trade, a global provider of trading solutions.
All his earlier positions were based on business development, marketing and sales and most recently he served as vice president (VP) of Education at Options Industry Council and SVP of Business Development at Boston Options
Autobahn Options provides access to major electronic options exchanges, including Chicago board of Options Exchange, International Securities Exchange, NYSE Arca, Boston Options
Exchange, BATS Options and AMEX.
In addition, TMX Group owns TSX Venture Exchange, Natural Gas Exchange, Boston Options
Exchange, inter-dealer broker Shorcan and investor relations firm Equicom.