Stuart Adams has been FIX Protocol EMEA Regional Director since March 2009. Working closely with members, exchanges, ECNs and regulators across the region, Stuart is responsible for building stronger relationships with this market sector and generating a greater understanding of how the FIX Protocol may be used to increase market efficiency. Stuart is extensively involved in FPLs interaction with the regulatory community.

Stuart has worked in leadership roles in the financial technology sector for more than 25 years, most recently as Head of European Operations at Portware. Prior to this, Stuart undertook a number of different assignments including the position of Managing Director of AKJ, a technology solutions provider for the hedge fund and asset management community, regulatory principal of Brut ECN Europe and Institutional Sales Director for Instinet. In addition to his current position at FPL, Stuart continues to work as an independent consultant within the financial services industry and other industry sectors.

Philip Anisman
Barrister & Solicitor

Philip Anisman, B.A., LL.B. (Toronto), LL.M., J.S.D. (U.C. Berkeley), practices corporate and securities law in Toronto. Prior to entering law practice, Dr. Anisman was a professor of law at Osgoode Hall Law School and Director of the Corporate Research Branch in the Department of Consumer and Corporate Affairs (Canada). He was the principal author of Proposals for a Securities Market Law for Canada, published by the Canadian Government in 1979, which recommended a national securities regulatory regime. He has advised securities commissions, stock exchanges and self-regulatory organizations, chaired Investment Dealers Association of Canada disciplinary panels and written extensively on corporate and securities law, including securities law enforcement, the rulemaking process, harmonization of provincial securities laws, and corporate, constitutional and administrative law. He was a member of the OSCs Enforcement Advisory Committee (2004-2009), and is currently a member of the Legal Advisory Committee of the Canadian Securities Transition Office.

Scott Atwell is the Manager of FIX Trading and Connectivity for American Century Investments, a leading investment manager committed to delivering superior investment performance and building long-term client relationships since 1958. Serving investment professionals, institutions, corporations and individual investors, American Century Investments offers a broad array of products across a variety of investment disciplines. With offices in New York, Mountain View, Calif. and Kansas City, Mo., the company manages more than $100 billion in assets through mutual funds, institutional separate accounts, commingled trusts and subadvisory accounts.

Mr. Atwell developed American Centurys FIX system providing FIX connectivity to virtually all of the brokers used for their equity trading worldwide. He currently serves as Co-chairperson of the Global Steering Committee for FIX Protocol Limited (FPL), the non-profit organization which manages the FIX Protocol. He has served as Co-chairperson of the FIX Global Technical Committee from 1997 through 2005 and actively participates in several other FIX committees and working groups.

In addition to his involvement with the FIX Protocol, he has been an active participant in other industry initiatives which include serving on the ISO 15022 Working Group 10 initiative, the Commodity Futures Trading Commission (CFTC) Technical Advisory Committee Subcommittee on Standardization for the National Futures Association (NFA), the Standards Advisory Counsel (STAC) of the Global Straight Through Processing Association (GSTPA) initiative, the Standards working group of the Securities Industry Association (SIA) T+1 Standards Committee, and others.

Rizwan Awan, CFA
Managing Director, Quantitative Execution Services, Institutional Equities, BMO Capital Markets

Rizwan heads up Quantitative Execution Services at BMO Capital Markets, providing algorithmic trade execution and trade cost analysis services to institutional equity clients.

Rizwan joined BMO Capital Markets in 2005 to build out BMOs program trading capabilities, a role encompassing trading equities, quantitative research, as well as developing advanced automated trading algorithms. Rizwan has also pioneered a unique quantitative analytics website to highlight the groups capabilities (http://qes.bmo.com)

Prior to joining BMO Capital Markets, Rizwan worked on algorithmic trading strategies at ITG Canada Corp. He holds a BMath degree in Computer Science from University of Waterloo and is a CFA charterholder.

Daniella Baker
FPL Global Marketing & Communications Manager, FIXProtocol Ltd.

Daniella joined the Jordan & Jordan London office in January 2006 and is currently the FIX Protocol Limited (FPL) Global Marketing and Communications Manager, responsible for leading the world-wide deployment of all of FPLs marketing and educational initiatives.

Daniella started her career as a marketing assistant for Cadbury Trebor Basset before becoming a consultant focused on marketing and customer driven initiatives for Deutsche Post Consult in Germany. Following this appointment, Daniella took a position in the city of London with J.P. Morgan where she worked within a variety of project management, communications and sales roles. Daniella holds a BSc Management and Administration Degree from Aston Business School, Birmingham, England.

Tim Chapman
Director of Trading, Fox River Execution

Timothy Chapman is a Director at Fox River Execution, a SunGard company. Fox River Execution is a leading broker dealer that provides algorithmic trading technology and execution solutions to institutional firms trading equities and exchange-traded funds (ETFs). Tim manages client on boarding and electronic trading vendor relationships. Additionally, Tim also works closely with Fox River Executions Trading and Research groups on new product development initiatives. He has been with the company since January of 2010.

Prior to joining Fox River Execution, Tim was the Director and Head of Global Equity Electronic Services at Merrill Lynch where he was part of a team that was instrumental in launching and establishing Electronic Trading for Institutional clients. After leaving Merrill Lynch, Tim headed up Global Electronic Services for Knight Capital Group and helped set the global foundation for Electronic Trading at the firm.

Tim earned his Bachelor of Science degree from Ramapo College of New Jersey.

Doug Clark
Managing Director of Research, ITG Canada

Mr. Clark, who has more than 17 years experience in the financial services and investment industry, is one of the original staff members of ITG Canada when the Canadian operations were launched in 2000.

In his position as Managing Director, Research, he is responsible for research relating to index, ETF, market structure, liquidity event and market impact.

Mr. Clark left ITG in 2007 at the time he was Head of Trading - to become Managing Director of BMO Capital Markets Quantitative Execution Services Group, where he was responsible for the firm's equity electronic and program trading platform. He returned to ITG in early 2011.

Mr. Clark is an active participant on many industry panels and bodies and is currently the Chair of the Canadian Security Traders Association (CSTA).

Mr. Clark holds a BA in Economics from York University in Toronto.

Peter Coffey
Vice President, Sales & Trading, Instinet Canada Limited

Peter Coffey is Vice President of Sales and Trading at Instinet Canada, with a focus on sales of best execution trading services to the Canadian buy-side community. Peter will also have a dual responsibility as the Managing Director of the Instinet Canada Cross (ICX) upon regulator approval. Prior to Instinet, Peter was with Scotia Capitals electronic and algorithmic trading group, as well as head of sales at E*TRADE Capital Markets Canada, managing their institutional electronic trading business. Peter also held senior positions with VERSUS Brokerage Services and at Dow Jones Telerate in Toronto and Hong Kong.

Instinet is an electronic trading pioneer, having established the worlds first major electronic trading venue in 1969, one of the first recognized U.S. ECNs in 1997 and the first pan-European MTF in 2007. Instinet operates a global network of agency-only brokers that seek to help institutions lower overall trading costs and improve investment performance through the use of innovative electronic trading products, including smart-routing, algorithms, DMA, dark pools and EMS platforms, and also provide sales trading, commission management services and independent research. Instinet is a wholly-owned subsidiary of Nomura Holdings, Inc. Peter is responsible to deliver, sell and support these market-leading trading services and analytical tools to the Canadian marketplace.

Alison Crosthwait, CFA
Director, Global Strategy Group, Instinet LLC

Alison Crosthwait is Instinets Director of Global Trading Strategy.. In this role, she leads the firms global market microstructure research publishing efforts. Ms. Crosthwait was previously Head of Research at ITG Canada. Prior to that, she was a program trader at ITG, primarily covering quantitative investment firms. Ms. Crosthwait also held various roles in Goldman Sachs high frequency trading group and on Credit Suisses program trading desk. She is a CFA charter holder and holds a Masters degree in Computational Finance from Carnegie Mellon University.

Adam Diamant
Solutions Architect, Streambase Solutions

Adam is a quantitative analyst at StreamBase. Adam is responsible for the design and development of various execution management and FX trading strategies within StreamBases Event Processing Platform. He is also one of the key contributors to the StreamBase Component Exchange.

Suzanne Duncan
Global Head of Research, State Street Center for Applied Research

Suzanne is responsible for research and thought leadership for the investment management industry within State Street's newly created research group, The Center for Applied Research. Suzanne has presented her research at over 200 conferences throughout the world and has won multiple awards at conferences including the Economist Forum and the China International Banking Convention among others. She is the author of a series of whitepapers and has appeared in over 250 media outlets including CNBC, Bloomberg, BBC, Wall Street Journal, Financial Times, Economist Magazine among many others. Her whitepapers include: Building a new financial order, The yin yang of financial disruption, Get global. Get specialized. Or get out, and The trader is dead, long live the trader. Suzanne joined State Street in June of 2011 from IBM Corporation where she lead research for the financial markets industry. Suzanne began her career at Bank of America and at State Street where she worked in institutional sales at State Street Global Advisors and in the custody division of State Street Bank.

Edward J. Ferraro, Esq.
Practicing Attorney and Independent Consultant

Edward J. Ferraro is a U.S. securities regulatory lawyer. The focus of his practice is the structure and regulation of equities markets. From 1998 to 2008 he practiced securities regulatory law first as an associate with Willkie Farr & Gallagher LLP in New York City and more recently as counsel at the New York City offices of Sidley Austin LLP. While at Willkie, Mr. Ferraro advised clients regarding major developments in market regulation and market structure in the U.S., including Regulation NMS, Regulation ATS, decimalization and the global regulation of electronic trading platforms. He also worked closely with clients participating in the discussions and deliberations accompanying the adoption of the Markets in Financial Instruments Directive and related regulatory initiatives in the E.U. At Sidley, Mr. Ferraro advised the firm's securities regulatory practice group as well as clients of the firm regarding implementation of and compliance with Regulation NMS. He also closely followed the organization and regulation of securities exchanges in Dubai, Bahrain, Qatar and Abu Dhabi and developments in Islamic banking and Shariah finance.

Mr. Ferraro is based in New York City where he works as an independent consultant on global market structure issues. Recent speaking engagements have included presentations to the Capital Markets Consortium regarding the recent decision of the U.S. Court of Appeals for the D.C. Circuit in NetCoalition v. Securities and Exchange Commission vacating and remanding to the SEC for further proceedings an order approving proposed fees for a NYSE Arca market data product. In April 2011, he moderated a panel on the European Commission's recent proposed amendments to the Markets in Financial Instruments Directive and their implications for U.S. investors, markets and investment firms. Mr. Ferraro's most recent publication is Competitive Forces and Cost-Based Analysis in SEC Review of SRO Market Data Fee Filings: NetCoalition v. Securities and Exchange Commission, published in the Journal of Investment Compliance, Vol. 12, No. 1, 2011.

Robert Fotheringham
Senior Vice President, Trading, TMX Group

Robert Fotheringham currently serves as the Senior Vice President, Trading, with TMX Group. Mr. Fotheringhams responsibilities include Trading Product Development and Management, Canadian Sales and International Sales, Market Operations, Vendor Services and Market Quality.

Mr. Fotheringham was promoted to his current role in 2008 following two years as Vice President, Trading. He originally joined TMX Group in 2005 as Vice President, Structured and Derivative Products, responsible for the design, development and execution of the organizations full derivative market strategy.

Prior to joining TMX Group, Mr. Fotheringham served as the Vice President, Derivative and Quantitative Investments, with the Ontario Municipal Employees Retirement System (OMERS). The notional value of the derivative portfolio under his management exceeded $6.0 billion and cash quantitative based portfolio assets exceeded $3.0 billion. Mr. Fotheringham was also a senior member of OMERS Investment Management Committee and Global Tactical Asset Allocation Committee, where he assisted in the development of the Funds asset allocation strategies and risk management initiatives.

Prior to joining OMERS, Mr. Fotheringham served as the Director Senior Portfolio Manager for the Regional Municipality of Hamilton-Wentworth and was a senior member of the Municipalitys Investment Strategy Committee.

In addition to his current responsibilities as part of TMX Groups senior management team, Mr. Fotheringham is actively involved with the Certified General Accountant Association of Ontario, Canadian Depository for Securities, Toronto Financial Services Alliance, IIROC and the Li Koon Chun Finance Learning Centre at the University of Toronto, Mississauga.

Mr. Fotheringham holds a Bachelor of Commerce from McMaster University and is a professional accountant, holding the Certified General Accountant designation.

Dmitri Galinov
Head of Liquidity Strategy, Credit Suisse Advanced Execution Services (AES)

Dmitri Galinov is a Head of Liquidity Strategy at Credit Suisse Advanced Execution Services (AES). In his role, he is responsible for establishing relationships with new sources of liquidity, enhancing AES routing strategy, running Crossfinder, running Light Pool and developing new routing products.

Mr. Galinov joined Credit Suisse from Direct Edge ECN where he was Director of Strategy and helped a company grow from a small player into one of the major US trading destinations. Prior to Direct Edge ECN, he was at Lava Trading where he built and managed their buy side DMA product. Mr. Galinov is on the Board of Directors for BIDS Trading, L.P., Co-Chairman of Security Traders Associations Trading Issues Committee, and he is a member of the NYSE's Electronic Traders Advisory Committee (ELTAC).

Mr. Galinov received his B.B.A. in Finance from Baruch College and an MBA from the Leonard N. Stern School of Business at New York University.

Brett Goldin
Executive Director, Morgan Stanley Canada Limited/Institutional Equity Division

Bret Goldin is executive director and head of Morgan Stanley Electronic Tradings (MSET) Canadian business. Bret started his trading career at Herzog, Heine, Geduld/Merrill Lynch in 1997 before holding positions at Thomson/Reuters and Bank of America/Merrill Lynch as head of the Electronic Trading Services broker dealer business. Bret began his business career as the founder and operator of Caffe Dolce, Ltd, a small chain of coffee and espresso bars in the Albany, NY area. Bret received his M.B.A. from Baruch College and his B.A. from Union College.

Susan Greenglass
Director, Market Regulation, Ontario Securities Commission

Susan Greenglass is the Director of the Market Regulation Branch at the Ontario Securities Commission. The Market Regulation Branch is responsible for the oversight of marketplaces, self-regulatory organizations and clearing agencies and developing policy and rule initiatives related to market structure issues.

Susan joined the staff of the Ontario Securities Commission in 1997. Previously, she was a law clerk at the Ontario Court of Justice (General Division). She is a graduate of Osgoode Hall Law School and is a member of the Ontario Bar.

Steve Grob
Director of Group Strategy, Fidessa

Steve is responsible for Fidessas strategic development. This includes the development of new geographic markets and strategic partnerships and driving new industry initiatives.

As part of this Steve heads up the firms strategy in response to the fragmentation of the equities trading landscape, managing the firms initiatives in conjunction with both the established exchanges and the new and emerging alternative liquidity venues and dark pools. Steve has also played a significant part in bringing the Fidessa Fragmentation Index (FFI) and the Fragulator to the wider trading community. He provides a regular commentary on the issues surrounding fragmentation of the markets on the community forum that was launched at the end of 2008.

On joining Fidessa in 2004 Steve led the development of the companys multi-asset trading capabilities. For four years, he worked to extend the core strengths of the Fidessa platform and ensure that all enhancements support an asset agnostic architecture to deliver multi- and cross-asset trading across its product lines globally.

Prior to joining Fidessa Steve was the founder and CEO of specialist derivatives software house Future Dynamics which was one of the companies at the vanguard of the shift from open outcry to screen based trading in world derivatives markets. This business grew to be one of the major facilitators of workflow based derivatives trading and was eventually sold in 2004.

Bill Hebert
Co-Chair FPL Global Events Committee, Executive Director, CFS Consulting Services

William H. Hebert is Executive Director and Senior Consultant at CFS Consulting Services, LLC in Boston MA. Mr. Hebert is responsible for strategic product and financial services consulting Initiatives, business development and relationship management.

Prior to joining CFS, Mr. Hebert was the director of Strategic Business Development for Charles River Development, In this role, he was responsible for the growth of global alliances and connectivity solutions offered by Charles River, with a specific focus on institutional trading, electronic products, market structure, liquidity access and third-party partnership development and management.

Mr. Hebert previously served as vice president and director of Strategy and Trading Solutions for Fidelity Capital Markets and the Institutional Products Group of Fidelity Investments, where he managed various aspects of strategic business development and electronic trading solutions.

Prior to joining Fidelity, Hebert was a director within the AutEx Group of Thomson Financial Services in Boston, where he managed the development and distribution of TradeRoute, AutEx's institutional order routing and trade execution reporting network. He was also responsible for third-party partnerships, product integration, and client connectivity solutions, including FIX protocol and other Straight-Through-Processing initiatives.

Prior to Thomson, Hebert served as vice president of Trading Systems Development for the Boston Stock Exchange where he directed the development, implementation and ongoing support of BEACON, the BSEs automated member firm and specialist/floor broker trading system. Hebert was a reporting member of the Exchange Senior Management and Executive Committees involving technical development and strategic initiatives.

Previously, Hebert was a Systems Engineer and Group Manager for Electronic Data Systems in Dallas, TX and Boston, MA, where he was involved in application software development and account management for Blue Cross/Blue Shield and other EDS Customers.

Mr. Hebert has a Bachelor of Arts degree in Political Science from Stonehill College and participated in graduate level studies in technology development at Harvard University.

Ignatius John
Former Director AXA Rosenberg - Global Trading Strategist

A very senior professional in the securities and Investment industry with a global background. Ignatius has a proven track record of establishing complete investment and pre/post trading operations in the US, Asia and Europe. Specialize in business analysis which leads to creating systems that would reduce costs and increase revenue. An IT visionary in the financial industry who would present to the executive board to get funding and manage the project until it is implemented. Ignatius has developed unique Alpha seeking strategy logic by providing real-time analytics tools to the traders with automated intelligent order routing capabilities to select destinations via a set of broker provided algorithms. As an industry thought leader, he frequently presented and published articles in financial technology conferences globally.

Andrew Karsgaard started his career in Equities IT at ING Barings in London, UK. After learning the fundamentals of equity order capture and trade systems (including exposure to a new-fangled protocol called FIX!), he moved to the buy-side and was responsible for, among other things, the implementation of electronic trading systems in the FX space.

Following his return to Canada in 2003, Andrew moved into a management role, responsible for the Middle Office and subsequently all Operations at State Street Global Markets Canada. This in turn was followed by a more strategic role as a business technology consultant at BMO Capital Markets.

Andrew is currently responsible for electronic and program trading sales in Canada, and is actively involved in the creation and implementation of BMO Capital Markets' electronic trading strategy. Other committee work has included Chair, Bank of Canada FX Committee Operations Managers' Working Group (2006) and Member, Advisory Board, Urgent VC (2008 - present).

Andrew lives just outside of Toronto with his wife and 2 young children, and is a keen but now very occasional sailor. He is actively involved in a community-based adult literacy program in Parkdale. Andrew graduated M.A. (Hons) in History from Glasgow University.

Dan Kessous
Chief Executive Officer, Chi-X Canada ATS Limited

Dan Kessous is Chief Executive Officer at Chi-X Canada ATS Limited. In this role, Mr. Kessous is responsible for the trading venues strategy and oversight of its business and operational functions. Mr. Kessous previously served as COO of Chi-X Canada and has been with the company since its inception. Prior to joining Chi-X Canada, he held various positions in trading software design and development at Reuters in both France and Co-Chair FPL Americas Regional Committee, Co-Founder, LaSalle Technology GroupCanada. Mr. Kessous holds a Masters in Computer Science and an Advanced Engineering degree in Artificial Intelligence from the University of Paris-Jussieu.

Heather Killian joined CIBC World Markets Inc. in 2010 as Executive Director, Business Development. Her mandate is management of electronic trading services, including both the DMA trading group and the equity trading technology product group. Product responsibilities comprise of client interface tools, execution management and liquidity product lines. In addition, Ms. Killian contributes to CIBCs business strategy with analysis of market structure and potential developments in the regulatory environment. Prior to joining CIBC, Ms. Killian served as Chief Operating Officer, TriAct Canada Marketplace where she was involved in all aspects of the introduction of the Alternative Trading System. Formerly she worked for ITG Inc. with extensive experience in trading and product management. Ms. Killian holds a BA with honours from the University of Western Ontario.

Sunny is responsible for Raptor Tradings consulting, strategic initiatives, business development and product development for the Canadian market. Raptor Trading Systems provides efficient and flexible connectivity platforms used by some of the most recognizable Canadian and global firms. Key areas that Raptor Tradings solutions support include: global multi-asset class trading, DMA & algorithmic trading, program trading and advanced IOIs. As head of Raptors Canadian operations Sunny has been extensively working on providing an effective and efficient set of solutions to meet the challenges of both North American and Global Markets. Since joining Raptor in 2008 Sunny has overseen an expansion of the Canadian client base and extension of the product to meet the unique requirements of the Canadian marketplace. Sunny is a CFA charterholder and prior to joining Raptor Sunny was a Director with CIBC World Markets in New York.

Laurence G. Latimer is accountable for SunGards global trading (GT) trading & client connectivity - Americas (TCC-A) business. SunGard GT TCC-A provides low-latent trading and risk management solutions for listed equity, equity options and derivatives across North and South America and maintains a leading position in Brazil where GT has had customers for over 10 years.

During his tenure at SunGard, Mr. Latimer has been a principle in defining and building Tradings execution services solutions and led the team that launched SunGards ATS. Mr. Latimer has deep experience at driving operational improvements across the trading value chain and monetizing new business opportunities domestically and internationally.

David Lester
Director of Information Services, London Stock Exchange

David joined the London Stock Exchange in 2001 and is responsible for the Groups Information Services Division and is Chairman of Turquoise the Exchange's pan-European trading platform built in partnership with major banking clients. He is a member of the Borsa Italiana board and is Chairman of FTSE International and Chairman of MillenniumIT and Proquote. David has over 20 years experience in financial information and technology working at Thomson Financial, Accenture and KPMG prior to joining the Exchange.

Scott Lewis
Trading Solutions - Head of AIM Americas, Bloomberg LP

Mr. Lewis leads the Asset and Investment Manager (AIM) Americas sales organization of Bloomberg Trading Solutions. He is responsible for planning and executing the sales strategy as well as delivering software and services revenue. Scott brings extensive sales leadership and management experience to AIM from his prior work with the Bloomberg Execution Management Solutions (EMSX) team. In his more than 10 years with Bloomberg, Mr. Lewis has served in a variety of electronic trading focused roles across asset classes. Mr. Lewis is a graduate of The University of Vermont School of Business.

David Ng
Head of Client Connectivity, Americas, HSBC Global Banking & Markets

David Ng is responsible for overseeing client on-boarding, certification, vendor management, and business development initiatives within the US, Canada, and Latin America regions, enabling clients to trade via FIX globally. Prior to HSBC, David held positions at Lava Trading, Bank of America and Instinet where he managed numerous projects and was responsible for implementing FIX Connectivity, electronic trading platforms and solutions across various products, including Program Trading, Direct Market Access and Algorithmic trading. David holds an Engineering degree from the University of Buffalo and an MBA from Fordham University.

Kevin O'Connor
Managing Director, Analytical Products & Research, Investment Technology Group, Inc.

Kevin O'Connor is a Managing Director in the Analytic Products and Research group at ITG. He is responsible for pre- and post-trade analytics product development, client services and operations. Prior to joining ITG in 2005, Mr. O'Connor worked as a financial services account executive for InterSystems Corporation, a Cambridge, MA, software company. Mr. O'Connor holds a BA in Computer Science and Economics from Colgate University.

Roji Oommen
Director of Business Development, Savvis

Roji Oommen, Director of Business Development, has been at Savvis for 8 years and is currently responsible for product strategy, alliances and partnerships within Savvis' Financial Services business segment. Based in New York, Roji is accountable to than 500 Savvis customers that make up this vertical and to deliver purpose-built, high frequency-low latency, infrastructure and connectivity hosting solutions. Savvis, Inc. (Nasdaq: SVVS) is a global leader in cloud infrastructure and hosted IT solutions for enterprises. Roji has more than 15 years of experience, at organizations such as Thomson Reuters, IBM and Bridge Information Systems, specializing in information technology for financial services firms.

Randee Pavalow
Head of Operations and Legal, Alpha Group

Ms. Pavalow leads the Operations and Legal areas at Alpha Group which includes Alpha ATS LP, an alternative trading system. Her responsibilities include client services, market monitoring, compliance, regulatory and general corporate matters. Ms. Pavalow is an active member in industry committees such as the Market Regulation Advisory Committee of IIROC and regulatory issues subcommittee of the Canadian Securities Traders Association. Prior to joining Alpha, she worked at the Ontario Securities Commission from 1992 until 2007 where she was involved in identifying, developing and implementing responses to legal and market issues relating to: dealer and adviser registration and compliance; regulation and oversight of marketplaces, clearing agents and self-regulatory organizations; and technology issues related to the securities markets in Canada and internationally. Ms. Pavalow held the title of Director of the Capital Markets Branch from July 2001 until June 2007. She was Chair of Standing Committee 3 of IOSCO from 2003 2007. Prior to working at the OSC, Ms. Pavalow worked as a lawyer from 1979 to 1992 at firms in Canada and the United States

Lida Preyma
Head of Global DMA, Jitneytrade Inc.

With more than 15 years of experience in the Canadian capital markets, Lida Preyma is the Head of Global DMA at JitneyTrade Inc., providing global electronic connectivity to the North American markets in equities, options and futures. Previously, she was Director of Business Development and Marketing at the Canadian National Stock Exchange (CNSX) and Pure Trading, Canadas first alternative trading system. Her experience in the capital markets has been rounded out with time spent on the buy side at Guardian Capital and in Securitization and Structured Finance at BMO Nesbitt Burns. Lida is also the Director of Capital Markets Research at the G20 Research Group the worlds leading organization dedicated to analyzing and researching the G20 based at the Munk School of Global Affairs at Trinity College in the University of Toronto. She has attended many G8/G20 summits starting with the G8 Evian Summit in 2003 and is author of The Preyma Report a monthly independent, unbiased and in depth look at the commitments made by the G20 leaders that directly impact the global capital markets. She was a member of the Credit Committee reporting to the board of directors for the Ukrainian Credit Union for five years and ran for federal parliament in 2004 right after her stint as Managing Director of Corporate Citizenship at Magna International. Lida holds an Honours Bachelor of Arts from the University of Toronto, where she specialized in international political economy, has taken various industry-related courses, and is a member of the advisory board for Hong Kong-based Asian Capital & Equity Ltd.

Sean Ristau
Manager, Professional Consulting Services, Greenline

Sean Ristau is a Manager with the Professional Services team in Greenline Financial Technologies. Currently Sean is focusing on project delivery and business development for the Canadian Region. The Professional Services team delivers solutions to organizations across the implementation lifecycle for electronic trading and connectivity, with a focus on FIX. Service offerings include advisory, advanced solutions, and process consulting. In total, Sean brings over 10 years of progressive connectivity delivery and consulting. In particular, he has acquired specialization in broker-dealer and ISV connectivity with experience across Canadian, Asian, US, and European based clients.

Judith Robertson
Former President and CEO, Belzberg Technologies Inc.

Ms. Robertson is a seasoned financial industry professional with over 25 years experience in Canada, the United States and the U.K. Most recently, Ms. Robertson was President and CEO of Belzberg Technologies Inc., a provider of integrated trading technology, technology-based brokerage services for North American equity and options markets.

Prior to joining Belzberg, Ms. Robertson was Executive Vice President with Perimeter Financial Corp where she was responsible for the launch of BlockBookTM, one of the first alternative markets in Canada. From 1991 to 2002 Ms. Robertson was a Managing Director with Barclays Global Investors in San Francisco, London and Toronto.

Ms. Robertson serves on the boards of two not for profit organizations, TVO and MITACS and has been active in industry committees. Ms. Robertson is a CFA. She received her MBA from the Richard Ivey School of Business, graduating with distinction, and her Honours BA in International Relations from the University of Toronto.

Mickael Rouillere
Chief Technology Officer, Quod Financial

As CTO at Quod Financial, a multi and cross asset adaptive execution technology provider, Mickael directs all aspects of the companys product strategy ensuring its technology stays ahead of its capital markets clients needs. He leads the design and development team in the ongoing development of the Adaptive Execution Platform (AEP) and all its associated application modules. Prior to joining Quod Financial, Mickael was Head of Product Development at capital markets technology consultancy NET2S. There, he devised and led several projects for global banks, particularly around the development and integration of order management and risk management solutions for the trading floor.

Mickael also directed NET2S Pre-Sales operation, working closely with financial institutions worldwide to develop strategic projects to address unique technological challenges in the front office. In this role, he also helped establish the consultancys Zurich subsidiary.

As President and CEO of the Investment Industry Association of Canada, Ian C.W. Russell plays a key leadership role in developing, communicating and advocating the investment brokerage industrys positions on major current issues, such as the pressing need for regulatory reform. Mr. Russell is pleased to participate in media interviews to communicate the industrys views to the public.
Areas of expertise
Develops and communicates investment industry positions on full range of issues Advocates for industry with various levels of government and market participants Regulatory and taxation issues impacting Canadian investment brokerages

Biographical summary
President and Chief Executive Officer of Investment Industry Association of Canada since IIACs inauguration in April 2006
Frequent columnist for industry publications and speaker at industry events
Board Member, International Financial Centre British Columbia (IFC BC)
Twenty year tenure with the Investment Dealers Association (IDA); prior to his position leading IIAC, Mr. Russell headed the IDAS
Industry Relations and Representation group
Financial Analyst for international publication The Bank Credit Analyst
Served six years at the Bank of Canada
Partners, Officers and Directors Qualification for the Canadian Securities Institute
Fellow of the Canadian Securities Institute
Post graduate degree, London School of Economics
Honors degree in Economics and Business, University of Western Ontario
PDO designation

Jos Schmitt
CEO, Alpha Group

Mr. Schmitt has more than twenty years of experience in the financial services industry both internationally and in Canada, with particular expertise in the markets and trading area. Prior to Alpha, Mr. Schmitt served as EVP Head of the Americas and Global Head of Capital Markets for Capco. During this tenure he acted as advisor and program manager for some of the largest market infrastructure organizations around the globe. Some of his previous roles include President and CEO of the Belgian Derivatives Exchange and Clearing House, President and CEO of a pan-European Indices Publisher, Chairman of the Belgian Derivatives Markets Authority, and Head of Market Operations at the Brussels Stock Exchange.

Robert Smythe
Co-Chair FPL Canadian Subcommittee, President, Intelcheck Services Inc.

Robert Smythe is President of Intelcheck Services Inc a specialized consultancy focused on the Canadian financial industry. He has a track record of over 30 years of innovation, action and results in senior-level roles and engagements within the financial services industry. Since 1995 Robert has provided advisory services to financial institutions, with a focus on wealth management, capital markets, clearing and settlement, banking, payments and enhancement of financial processes via straight through processing (STP). This has included numerous research studies on all aspects of the Canadian financial marketplace. He has also authored several articles on developments in the Canadian Capital markets sector for FIX Global.

He conceived and managed the successful FPL Canadian Electronic Trading Conference over the past five years. This event has been a catalyst for the growth of electronic trading in Canada. During this period he was VP, Research & Market Development at Stratix Consulting (Now part of SunGards Global Services business). He is currently Co-Chair of the FIX Protocol Limited (FPL) Canada Committee with responsibilities for growth of the organization in Canada as well as planning the FPL Canadian Electronic Trading Conference scheduled to be held in Toronto on June 9, 2010.

He previously was the program manager for the Canadian Capital Markets Association (CCMA) straight through processing (STP) initiatives to improve the efficiency of the Capital Markets in Canada that culminated in the development of industry Best Practices and Standards. This resulted in the introduction of the regulation NI 24-101 requiring 90% of institutional trades to be matched by noon on the day after trade date (T+1).

He held executive positions at Royal Trust with responsibility for banking and wealth management services, information systems and technology and corporate administration. At Bank of Montreal he was responsible for networks and computer facilities serving 30,000 users in 1250 locations.

Robert holds a B Eng degree from McGill University and is a Registered Professional Engineer.

Chris Sparrow
Director, Global Equity, RBC Capital Markets

Chris Sparrow joined RBC Dominion Securities in January 2010 where he works on electronic execution services including algorithmic development, TCA and smart order routing.

Prior to RBC DS, Chris was at Liquidnet Canada from March of 2008 to September 2009 where he was responsible for establishing the firm's quantitative trading desk in Canada and introducing Canadian versions of Liquidnet's algorithmic strategies.

From August 2000 to March 2008, Chris ran the Research department of ITG Canada Corp. where he was responsible for the development and optimization of auto-trading strategies, and oversaw the adaptation and creation of pre and post-trade products for application to the Canadian market.

Prior to joining ITG Canada, Chris worked at TD Securities for three years where he traded OTC institutional equity options.

Chris holds a Masters in Atmospheric Physics from the University of Western Ontario.

Adam Striffler
Vice President and Head of Canada Business & Product Development, Goldman Sachs Electronic Trading

Adam is a Vice President within the Goldman Sachs Electronic Trading Business Development group. He is responsible for developing and executing business objectives across the firms electronic trading channels, liquidity strategies, and the products and services that constitute the firms market access and algorithmic businesses. Recently, Adam has managed the electronic trading business and product development efforts for the Canadian marketplace, the North American cross border initiative and liquidity strategy, foreign exchange integration with the firms equity electronic trading channels, and electronic trading risk management. Adam joined Goldman Sachs in 2004.

Earlier in his career, Adam was an Associate at the investment bank Robertson Stephens & Co. in San Francisco, CA, where he focused on private equity valuation and the firms risk management efforts within the equity Sales and Trading business. Prior to Robertson Stephens, Adam worked within the Mutual Fund Trading group at Pioneer Investment Management in Boston, MA.

Adam earned both his Master of Business Administration (MBA) degree and his Master of Science in Finance (MSF) degree from the Boston College Carroll School of Management in 2004. He earned his Bachelor of Arts degree in Economics and Spanish, Magna Cum Laude, from The Ohio State University in 1998.

Darren Sumarah
Vice President and Head of Canada Sales, Goldman Sachs Electronic Trading

Darren Sumarah is Vice President and Head of Canada Sales at Goldman Sachs Electronic Trading (GSET). Located in Toronto, Darren is responsible for the distribution of GSETs electronic product offering to Canadian domiciled accounts. He joined Goldman Sachs in 2008 as a salesperson in Electronic Trading. Prior to joining the firm, Darren worked in a variety of sales, trading and market making roles at Liquidnet Canada, the Montreal Exchange Floor and the Ontario Securities Commission.

Darren earned a BSc in Psychology from McGill University in 1997.

Lisa Taikitsadaporn
Co-Chair FPL Fixed Income Technical Subcommittee, Managing Partner, Brook Path Partners, Inc.

Ms. Taikitsadaporn is well respected for her knowledge on issues relating to electronic trading, connectivity and FIX implementation. In 2001, she co-authored the FIX Protocol Fixed Income Gap Analysis that is the foundation of the FIX 4.4 fixed income specification. She is an active participant in the FIX Protocol community, chairing the Global Fixed Income Technical Subcommittee, serving on the Global Technical Committee's Governance Board and on the editorial board of FPL's quarterly FIXGlobal journal. She is a contributing member of several FIX working groups and committees. Additionally, she is the current editor of the FIX Protocol Specification. She currently consults to buy-side, sell-side firms, product vendors and ATS/ECNs, on FIX implementation and connectivity for equity, fixed income and foreign exchange. Lisa has over 15 years of experience with the FIX Protocol and electronic trading implementations.

Prior to co-founding Brook Path Partners, Inc., Ms. Taikitsadaporn was an integral member of Thomson Financials TradeRoute (an order routing network) product team for seven years. She managed and supported TradeRoute's and Autex's FIX connectivity solution in addition to providing FIX business analysis support to the internal product development teams for both TradeRoute and AutEx.

Ms. Taikitsadaporn earned her Master of Science in Finance from the McCallum Graduate School of Business at Bentley University (formerly Bentley College) in Waltham, Massachusetts, and her Bachelor of Science in Computer Science and Management Information Systems from Worcester Polytechnic Institute (WPI) in Worcester, Massachusetts.

Tim Thurman
Head of Information Technology, Credit Suisse Canada

Tim Thurman is Senior IT Executive with more than 22 years of technical and project management experience in building, deploying and supporting high availability (HA) financial applications with Exchanges, Alternative Trading Systems (ATS), and Financial Institutions. Currently, Tim holds the position of Head of Information Technology with Credit Suisse Canada responsible for areas of technology for the Canadian offices. Prior to this Tim held the position of Head of Client Development with Alpha Trading Systems Canada. His primary responsibilities were to building the Alpha client base (Dealers and Vendors), on-board new clients, product pricing, real-time market data and client relationship management.

Prior to joining Alpha Tim held the position of Vice President and Director, Alternative Execution Group (AEG) with TD Newcrest a division of TD Securities. He was responsible for the technology requirements for the AEG group as well as Business Development. A key project he managed while at TD Newcrest was the building and deployment of the TD Newcrest Algorithmic Trading product offering. Tim was also responsible for the functional and non-functional requirements on the initial ATS project (Alpha).

Before joining TD Newcrest, Tim held several Director level positions with the Toronto Stock Exchange (TMX Group) his accomplishments within TSX Technologies included; the replacement of the CATS trading engine, implementation of a high-speed Gateway, the implementation of CDNX into the TSX infrastructure and the design, production support of a 24/7 trading environment, and implementation of FOX (renamed to ATX). Tim also held a Director level role within TMX Markets where he was responsible for market structure, client and business development.

The 9 years prior to joining the TMX Group, Tim was with the World Wide Competency Center for Exchanges and Electronic Markets at IBM Global Services. During his 9 year career with IBM his primary responsibly was to build, deploy, and support financial markets for the Bank of Italy, namely EuroMTS, and the financial markets for the Central Bank of Greece. Tim also built and deployed financial markets in Tokyo and the US.

Vidis Vaiciunas, BSc
Vice President, Head of Trading, Highstreet Asset Management Inc.

Vidis joined Highstreets investment team in 2007. Highstreet Asset Management Inc. is an investment counsel firm founded in 1998 and based in London, Ontario.

As Vice President, Head of Trading, Vidis is responsible for overseeing Highstreets trading operations. Vidis is dedicated to ensuring Highstreets trading procedures contribute to the firms commitment of excellence in the investment process.

Vidis has significant experience in quantitative management, trading systems, direct access and algorithmic trading, managing trading costs, investment operations and programming. His knowledge is rooted in more than 30 years of applying quantitative techniques to the investment and trading processes, on both sides of the Street. He is a regular speaker at industry events on topics covering trading, market structure and technology.

Prior to joining Highstreet, Vidis was the Head of Alternative Trading Services at a boutique brokerage firm where he helped design and execute quantitatively-oriented algorithmic trading strategies and managed the integration of front and back office systems. Immediately prior to that, Vidis was the Director of Trading for a quantitative investment firm where he designed and implemented a comprehensive order management and trading system.

Vidis earned his Bachelor of Science degree from University of Toronto, where he specialized in math, physics, and computer science.

Aleksandr Vinokur
Vice President, Head of US FIX Connectivity IT, HSBC Global Banking & Markets

Alex Vinokur currently leads US FIX Connectivity IT Team at HSBC Global Markets in New York that provides common platform for trading cross asset products with HSBC over FIX. Mr Vinokur has near 15 years of experience working with the real-time trading platforms at the top-tier financial institutions. Over the years he led numerous development efforts within Electronic Trading technology including FIX-enabling trading platforms and delivering large-scale production implementations. Mr Vinokur holds Masters Degree in Computer Science from NYU Poly and Masters Degree in Electrical Engineering from Belarusian State University of Informatics and Radioelectronics (BSUIR).

Ian Williams, CFA
Managing Director, Trading & Sales, ITG Canada Corp.

Mr. Williams has more than 15 years experience in the financial services and investment industry. He is responsible for all trading related services at ITG Canada.

Prior to joining ITG he was President at Perimeter Markets Inc., a company that develops and operates institutional and retail alternative marketplaces to provide electronic fixed income trading services in Canada.

Mr. Williams also previously worked for the Toronto-Dominion Bank, TD Securities and TD Asset Management in various operations, technology, risk management, portfolio management and trading positions.

Mr. Williams has a BA in Economics from York University in Toronto, and holds a Chartered Financial Analyst designation.

Kevin Young
Head of Product Management for Trading Solutions Connectivity and Integration (TSCI) Group, Bloomberg LP

Kevin Young is the Head of Product Management for Bloomberg's Trading Solutions Connectivity and Integration (TSCI) group. The group is responsible for all connectivity, interfaces and integration products across Bloomberg's buyside and sellside trading systems globally. Prior to his current role, he was the Head of Product Management for Bloomberg's Execution Management System (EMSX), order routing network, IOI platform and TCA products. Kevin has over 15 years experience in equity trading and technology and has held various positions at Capital Group, Futuretrade Technologies and Sungard Trading Systems/BRASS.

Kevin has been a member of the FPL since 2002 and has been involved with the Algorithmic Trading Working Group and the Algorithmic Business Working Group including early work on FIXatdl.

Heather is a partner in the Securities Group at Cassels Brock in Toronto, focusing on corporate finance and securities regulatory compliance. She brings structured products to market and works with investment funds. She lists companies on the TSX and TSXV and assists public companies in complying with stock exchange and securities commission requirements. In addition to her law practice, Heather is the Co-Director and a Course Director for the Osgoode Hall LL.M program in securities law and also teaches in legal professional development programs. Her career has included a number of years working for the TSX. Heather was also a contributing author in the Carswell book "Corporation Finance for Canadian Executives". Heather has served on the board of a crown corporation and currently serves on the boards of several private corporations. She has a B.Comm. from the University of Saskatchewan and an LL.B. and LL.M. from Osgoode Hall Law School. Heather was appointed by the Federal Minister of Finance to the Expert Panel on Securities Regulation tasked with providing advice on the best way forward to improve securities regulation in Canada. The Expert Panel tabled a report and a model federal securities act in January 2009, with recommendations the Canadian government is pursuing through the transition office it has established to create a Canadian Securities Regulator. She was also appointed to the Securities Advisory Committee, which provides advice to the Ontario Securities Commission on legislative and policy initiatives and capital markets trends.

Paul Zubulake
Senior Analyst, Aite Group

Paul Zubulake is a senior analyst at Aite Group, specializing in financial, energy and commodities futures and options markets. His expertise includes how the application of technology, such as algorithmic trading and FIX protocol, is playing an ever- increasing role in futures and options trading. Mr. Zubulake has been quoted in the press in publications such as Bloomberg, Dow Jones, Reuters, Financial Times, the Chicago Tribune, Crains Chicago Business, Futures Magazine, and Advanced Trading. He has appeared on FOX Business Live and has spoken at numerous industry events involving topics such as High Frequency Trading, Enterprise Risk Management, Market Data and Algorithmic trading. Prior to joining Aite Group, Mr. Zubulake was the connectivity manager for the futures department at Citigroup Global Markets. In this capacity, he was responsible for the implementation of various futures electronic trading solutions. He specialized in vendor-based solutions and DMA trading via FIX protocol. Prior to that, he supervised trading at the Brokertec Futures Exchange. Mr. Zubulake has also held trading and institutional sales positions in the futures and options space at REFCO Inc., Cresvale International LLC, and Finacor Vendome Inc. Mr. Zubulake received his B.A. in Economics from the University of Maryland. He holds Series 3, Series 7, and Series 63 licenses.