|Location||Toronto, ON, CA|
Schmitt is the founder of Alpha Trading Systems, a rival Canadian exchange launched in 2007, and was purchased in 2012 by the Maple Group consortium that also purchased TMX Group. He left Alpha in October 2012, after the acquisition was completed At the time of the acquisition, Alpha had grown to represent 17 percent of total trading volume among Canadian exchanges.
Prior to founding Alpha, Schmitt was a partner, executive vice president and global head of capital markets for Capco. He previously served as president and CEO of the Belgian Derivatives Exchange and Clearing House and, before that, head of market operations for the Brussels Stock Exchange.
He is also a past chairman of the Belgian Derivatives Markets Authority.
- Bay Street may have to make some room for second stock exchange. Vancouver Sun.
- TMX Group Says Alpha CEO Jos Schmitt to Leave Company Next Month. Bloomberg.
- Alpha trading platform moves to TMX Quantum. TMX.
- Joseph Marie Marcel Schmitt. Bloomberg Businessweek.