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TMX Group announces alpha executive departures

Staff writer |
Toronto, ON, Canada – TMX Group Limited, an institutional fixed income trading system, announced that Jos Schmitt, chief executive officer, and Randee B. Pavalow, chief listings officer and general counsel, have elected to leave the company, effective October 31, 2012.[break]

Mr. Schmitt has more than 25 years' experience in the Canadian and international financial services industry, with specific expertise in market infrastructure across asset classes and jurisdictions. Prior to joining Alpha Group, Mr. Schmitt served as Executive Vice President Head of the Americas and Global Head of Capital Markets for a professional services company focused on the financial services industry.

During this tenure, Mr. Schmitt was the strategic advisor to and director of operational and/or technology programs for some of the world's largest market infrastructure organizations and broker - September 25, 2012, Toronto, ON, Canada – TMX Group Limited, an institutional fixed income trading system, announced that Jos Schmitt, chief executive officer, and Randee B. Pavalow, chief listings officer and general counsel, have elected to leave the company, effective October 31, 2012.



Mr. Schmitt has more than 25 years' experience in the Canadian and international financial services industry, with specific expertise in market infrastructure across asset classes and jurisdictions. Prior to joining Alpha Group, Mr. Schmitt served as Executive Vice President Head of the Americas and Global Head of Capital Markets for a professional services company focused on the financial services industry.

During this tenure, Mr. Schmitt was the strategic advisor to and director of operational and/or technology programs for some of the world's largest market infrastructure organizations and broker-dealers. Mr. Schmitt's previous roles include President and Chief Executive Officer of a European derivatives exchange and clearing house, President and CEO of a pan-European indices publisher, Chairman of a derivatives self-regulatory organization (SRO), and Head of Strategy and Business Operations at a European stock exchange.

Ms. Pavalow serves as Head of Business Operations & Legal at Alpha Trading Systems Limited and served as its Head of Business Operations & Regulatory Matters. Ms. Pavalow was more than fourteen years of experience in identifying, developing and implementing responses to legal and market issues relating to the securities markets in Canada and internationally at Ontario Securities Commission.

 LATEST MOVES FROM Toronto, ON, Canada – TMX Group Limited, an institutional fixed income trading system, announced that Jos Schmitt, chief executive officer, and Randee B. Pavalow, chief listings officer and general counsel, have elected to leave the company, effective October 31, 2012.[break]

Mr. Schmitt has more than 25 years' experience in the Cana 


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