Former ITG CEO joins TMX to head equities

TMX Group has appointed Nicholas Thadaney as president and CEO of the its Global Equity Capital Markets business.

TMX Group has appointed Nicholas Thadaney as president and CEO of the its Global Equity Capital Markets business.

He replaced Kevan Cowan at the Canada-based exchange operator, who left to pursue other opportunities.

Thadaney will take on the role on 1 September 2015 and will be responsible for all of TMX Group’s equity listing and trading activities. He will report directly to THMX Group’s CEO, Lou Eccleston.

Commenting on the appointment, Eccleston said: "Nick will bring an entirely fresh approach to the equities business by developing superior value propositions from the perspective of the market and our clients.

“Nick brings extensive business, leadership and client development experience, and we are excited to welcome him to our team to help drive this historic transformation of TMX."

Thadaney joins TMX after spending 15 years at ITG Canada where he was CEO and has 25 years of experience in the investment industry.

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