Luc Fortin, president and chief executive officer of Montréal Exchange and global head of trading at TMX Group, sees the launch of extended hours at TMX last year as an important step in the exchange’s globalization. “We had our hours in Europe where we were seeing more and more demand as we saw growing pools of capital requiring liquidity and Canadian derivatives over the Asian hours,” Fortin said. “So when we launched this in the fall, obviously, we’ve seen a very good uptake to it, particularly around all the crazy volatility that we’ve seen since the beginning of this year.”
Watch Now |